The USD/CAD appears to be headed for 1.3020 Jason Lubin December 22, 2020 10:45 PM On Monday the USD/CAD broke out to the upside of a descending broadening pattern. Share: The US Dollar was bullish against all of its major pairs on Tuesday. On the US economic data front, GDP rose to +33.4% for the third quarter third reading (+33.1% expected), up from +33.1% in the third quarter second reading. The Conference Board's Consumer Confidence Index dropped to 88.6 on month in December (97.0 expected). from a revised 92.9 in November. Finally, Existing Homes Sales slipped to 6.69 million on month in November (6.70 million expected), from a revised 6.86 million in October.