USD/CAD Gains Ground As Demand For Commodity-Related Currencies Declines

com-l7USD/CAD is moving higher as traders focus on the pullback in gold markets.

Other commodity-related currencies are also losing ground in today’s trading session.

A move above the 50 MA at 1.3811 will push USD/CAD towards the next resistance level at 1.3845 – 1.3860.

USD/CAD

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