The currency pair broke down 1.2272 on Wednesday. USD/CAD stays below this level at press time.

Closest support areas: 1.2233, 1.2196, 1.2154

Closest resistance areas: 1.2272, 1.2313, 1.2352

Macroeconomic data

USD

Challenger Job Cuts y/y

Unemployment Claims

Prelim Nonfarm Productivity q/q

Prelim Unit Labor Costs q/q

FOMC Member Bostic Speaks