USD/CAD moved lower as traders focused on BoC Interest Rate Decision.
USD/CAD remains under pressure as traders react to BoC Interest Rate Decision. The Bank of Canada cut the rate from 2.50% to 2.25%, in line with analyst estimates.
If USD/CAD stays below the support level at 1.3910 – 1.3925, it will move towards the next support, which is located in the 1.3820 – 1.3835 range.
