Technical Analysis of USD/CAD 

Today 05.03.2020 at 17.45 GMT, the Head of Bank of Canada Stephen Poloz is expected to speak. Closer to the evening the volatility on USD/CAD is expected to increase. Traders will closely follow the speech of the Head of Bank of Canada in order to recognize the signals as to how the Central Bank will behave under the threat of coronavirus spreading.

Pivot - 1.3380