USD/CAD Gains Ground As Commodity Markets Move Lower

usd_cad_forex_USD/CAD gained ground amid falling demand for commodity-related currencies.

USD/CAD moved higher as traders reacted to the pullback in commodity markets. Other commodity-related currencies are also losing ground in today’s trading session.

A successful test of the resistance at 1.3735 – 1.3750 will open the way to the test of the next resistance level at 1.3845 – 1.3860.

USD/CAD

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