USD/CAD moved higher as traders focused on BoC Interest Rate Decision.
USD/CAD tested new highs as traders reacted to BoC decision. The Bank of Canada left the rate unchanged at 2.75%, in line with analyst estimates.
In case USD/CAD stays above the 1.3800 level, it will head towards the nearest resistance level, which is located in the 1.3845 – 1.3860 range.
