The currency pair plunged on Tuesday and tested 1.2993. USD/CAD stays above this level at press time.

Closest support areas: 1.2993, 1.2950 .1.2911

Closest resistance areas: 1.3022, 1.3050, 1.3075

Macroeconomic data

USD

Prelim GDP q/q

Unemployment Claims

Core Durable Goods Orders m/m

Durable Goods Orders m/m

Goods Trade Balance

Prelim GDP Price Index q/q

Prelim Wholesale Inventories m/m

Revised UoM Consumer Sentiment

Core PCE Price Index m/m

New Home Sales

Personal Income m/m

Personal Spending m/m

Revised UoM Inflation Expectations

FOMC Meeting Minutes