USD/CAD Forecast. Tests New Highs

com-l7USD/CAD gained ground amid falling demand for commodity-related currencies

USD/CAD tests resistance at 1.3725 – 1.3740 as demand for commodity-related currencies declines despite the strong rally in the oil markets.

A move above the 1.3740 level will open the way to the test of the resistance level at 1.3845 – 1.3860.

USD/CAD

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