FXStreet (Edinburgh) - The Canadian dollar has now recovered the smile along with a better tone from crude oil prices, with USD/CAD now testing lows in the mid-1.4200s. USD/CAD focus on oil, US data The pair is now trading in the negative ground following an increasing buying interest around CAD, which is deriving support from a recovery in crude oil prices (WTI is now recovering the $30.00 mark and beyond). Ahead in the NA session, US Markit’s Services PMI, the S&P/Case-Shiller index and Consumer Confidence are all due, while Canadian GDP figures are expected on Friday. USD/CAD significant levels As of writing the pair is losing 0.18% at 1.4244 and a break below 1.4111 (low Jan.22) would aim for 1.3818 (3-month uptrend) and finally 1.3516 (100-day sma). On the other hand, the next up barrier lines up at 1.4692 (high Jan.20) followed by 1.4946 (high Apr.7 2003) and then 1.5000 (psychological handle). For more information, read our latest forex news.