The currency pair went upwards on Wednesday and has broken out the resistance at 1,3293. USD/CAD stays above this level in the moment of writing.

Closest support areas: 1,3293, 1,3263, 1,3236

Closest resistance areas: 1,3327, 1,3362, 1,3390

Macroeconomic data

CAD

ADP Non-Farm Employment Change

USD

Core Retail Sales m/m

Philly Fed Manufacturing Index

Retail Sales m/m

Empire State Manufacturing Index

Prelim Nonfarm Productivity q/q

Prelim Unit Labor Costs q/q

Unemployment Claims

Capacity Utilization Rate

Industrial Production m/m

Business Inventories m/m

NAHB Housing Market Index