FXStreet – The canadian Dollar is clinging to his days of gains against the Greenback, while the USD/CAD to 1,3450 traded.
USD/CAD to GDP stable
The Pair retained after the release of the canadian GDP. On an annual basis, the economy is in the period of January-March by 3.7%, which is less than the expected 3.9% in.
Other data show that GDP increased In March on a monthly basis by 0.5%, which is better than the forecast.
From the USA there was the pending property sales and the Chicago PMI before then , the Fed Beige Book will be released.
USD/CAD technical levels
Currently, the daily loss -0,06% 1,3451 and the next supports is at 1,3424 (Deep 30. May), 1,3385 (Deep 25. May) and 1,3356 (100-day SMA). On the other hand, Resistances at 1,3483 (55-day SMA), 1,3508 (50% Fibo of the April to may rally) and 1,3541 (High 24. May).
** FXStreet News Editorial, FXStreet**