crude oil woes

USD/CAD is Trading Mostly Flat in the International Market

USD/CAD Hourly (H1) Chart
USD/CAD Hourly (H1) Chart

USD/CAD: The pair is trading mostly flat in the international market as neither currency has the strength to build a solid rally now. Given crude oil’s consolidative price action and USD wallowing near monthly lows over geopolitical cues, the price action of pair is range-bound around mid-1.37 handle while traders await US EIA weekly stockpile data and Prelim GDP update for short term trading cues. 

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