USD/CAD Forecast. Dollar Gains Ground As Treasury Yields Rebound

usd_cad_forex_1USD/CAD Is Flat Despite Weakness In Commodity Markets

USD/CAD is mostly flat despite the continuation of the sell-off in the oil markets. Other commodity-related currencies are losing ground in today’s trading session.

If USD/CAD climbs above the 50 MA at 1.4268, it will move towards the resistance level at 1.4380 – 1.4400.

USD/CAD 080425 4h Chart

USD/CAD

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