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April 23, 2023A quick look at Friday: USD/CAD rallied 65 pips and maintained the 1.3539 level.
Other currencies are also rising as GBP/NZD added 0.68% and closed around 2.0122 Friday. Notably, EUR/NZD rose 0.85% Friday and closed at 1.7752. EUR/AUD is trading around 1.6419 after ending Friday's session at 1.6265 (up 0.94% today).
Also worthy of note, Canada New Housing Price Index (MoM) (Mar) is scheduled for tomorrow at 12:30 UTC. Canada Wholesale Sales (MoM) will be released tomorrow at 12:30 UTC.
The currency pair has been trending lower for about a month. Having established significant support at 1.1321 approximately 5 months ago, US Dollar-Canadian Dollar's share price has bounced 19% higher.
