USD/CAD is Trading with Clear Dovish Bias

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

USD/CAD: The pair is trading with clear dovish bias as USD declined in the broad market over the improved risk sentiment and declining fundamental strength surrounding USD bulls. However, the price still remains steady above 1.43 handle as Crude oil price remained weak in the global market resulting in softer CAD. Traders now await US macro data and senate vote for short term profit opportunities. 

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