The currency pair plunged on Wednesday and tested 1.2631. USD/CAD stays below 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

USD

Unemployment Claims

Revised Nonfarm Productivity q/q

Revised Unit Labor Costs q/q

Final Services PMI

Fed Chair Powell Testifies

ISM Services PMI