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USDCAD Remains Supported by Positive Crude Oil Price Action in the International Market

USDCAD
USDCAD
USDCAD

USD/CAD: The pair saw some loss in price action primarily led by USDCAD decline and weakness in the global market. For now, the price has tested intra-day lows at 1.3530 handles and remains range-bound in the lower half of 1.35 handle. CAD remains supported by positive crude oil price action in the international market. Traders now await the US data and speech from key central bank figures for directional cues and short term profit opportunities.

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