USD/CAD Climbed Above The 1.4300 Level

com-l7USD/CAD gains ground despite the rally in precious metals markets. Canadian dollar is under pressure as traders fear that trade wars will put significant pressure on the Canadian economy. Other commodity-related currencies are moving higher in today’s trading session.

If USD/CAD climbs above the resistance at 1.4330 – 1.4350, it will head towards the next resistance at 1.4485 – 1.4500.

USD/CAD 280325 4h Chart

USD/CAD


Leave a Reply