USD/CAD Retreats Amid Rally In Precious Metals Markets

usd_cad_forex_1USD/CAD declined amid rally in precious metals markets.

USD/CAD pulled back as traders reacted to the strong rally in precious metals markets. Other commodity-related currencies are also moving higher in today’s trading session.

USD/CAD is heading towards the support level at 1.3650 – 1.3665. A move below the 1.3650 level will push USD/CAD towards the next support at 1.3550 – 1.3565.

USD/CAD

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