No change expected..
The USD is higher today and that as also helped the USDCAD move higher, but it is up only about 0.10% on the day. Yesterday was a bigger move higher for the pair. The move higher yesterday moved above the 100 day MA at the 1.32759 level today. It also moved above the 50% of the move down from the December 28 high (see chart below) at the 1.3282 level. That was the low price in trading today.