USD/CAD Stays Range-Bound
USD/CAD is mostly flat despite the pullback in the oil markets. Other commodity-related currencies are moving higher in today’s trading session.
If USD/CAD settles above the 1.3900 level, it will get to the test of the resistance at 1.3930 – 1.3950. A move above 1.3950 will push USD/CAD towards the resistance at 1.4030 – 1.4050.
