USD/CAD Could Target 1.3050 on any Inflation Spike and a Hawkish Fed Chair It is a big day ahead for the USD/CAD, with inflation, personal spending, and Fed Chair Powell in the spotlight. A hawkish Fed could deliver 1.3100 The USD/CAD will need to move through the 1.2932 pivot to target the First Major Resistance Level (R1) at 1.2968 and the Thursday high of 1.2975 risk disclosure 585 views11:39