The currency pair plunged on Tuesday and tested 1.2594. USD/CAD stays above this level at press time.

Closest support areas: 1.2594, 1.2552, 1.2509

Closest resistance areas: 1.2631, 1.2669, 1.2697

Macroeconomic data

CAD

BOC Monetary Policy Report

BOC Rate Statement

Overnight Rate

BOC Press Conference

USD

Goods Trade Balance

Prelim Wholesale Inventories m/m

New Home Sales

FOMC Statement

Federal Funds Rate

FOMC Press Conference