USD/CAD is Trading Positive in the Global Market Despite USD’s Weakness

USDCAD Hourly (H1) Chart

USD/CAD: The pair is trading positive in the global market despite broad-based USD’s weakness as Loonie lost support over a 4% decline in crude oil price in the international market. USD’s weakness keeps the pair trapped below mid-1.34 handle while traders await the US and Canadian macro data for directional cues and short term profit opportunities. 

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