USD/CAD moved lower amid rally in commodity markets.
USD/CAD tested new lows as traders focused on the strong rally in commodity markets. Other-commodity-related currencies are also moving higher in today’s trading session.
From the technical point of view, USD/CAD needs to settle below the support at 1.3650 – 1.3665 to gain additional downside momentum in the near term.
USD/CAD 030625 4h Chart
