USD/CAD climbed towards the 1.4000 level amid pullback in precious metals markets.
USD/CAD tests new highs as traders react to the strong pullback in precious metals markets. Other commodity-related currencies have also found themselves under pressure in today’s trading session.
A move above the 1.4000 level will open the way to the test of the next resistance level at 1.4060 – 1.4080.
