USD/CAD Continues to Retain Positive Bias as CAD Suffers

USDCAD Hourly (H1) Chart

USD/CAD: The pair continues to retain positive bias as CAD suffers from declining crude oil prices in the international market. But, USD failed to breach 1.37 handle and remains trapped in 1.36 handle regardless of USD’s support from safe-haven demand in the market. Traders now await US/Canadian macro data and Fed Chair speech for short term profit opportunities. 

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