USD/CAD was mostly flat despite rising demand for commodity-related currencies.
USD/CAD is mostly flat as traders focus on the strong pullback in the oil markets. Other commodity-related currencies gained strong upside momentum in today’s trading session.
A successful test of the resistance at 1.3845 – 1.3860 will open the way to the test of the next resistance level at 1.3910 – 1.3925.
