USD/CAD is Trading Range-Bound with Slight Positive Bias


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

USD/CAD: The pair is trading range-bound with slight positive bias as Crude oil price seems to have attained stability slightly above weekly lows. Firm USD has now managed to gain the upper hand against Loonie, enabling the price to rebound above 1.41 handle. Traders now await the US and Canadian macro data for short term profit opportunities.

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