The currency pair plunged on Thursday and broke down 1.2078. USD/CAD stays above this level at press time.

Closest support areas: 1.2078, 1.2028, 1.1976

Closest resistance areas: 1.2117, 1.2154, 1.2196

Macroeconomic data

USD

Core PCE Price Index m/m

Goods Trade Balance

Personal Income m/m

Personal Spending m/m

Prelim Wholesale Inventories m/m

Chicago PMI

Revised UoM Consumer Sentiment

Revised UoM Inflation Expectations