USDCAD

USD/CAD Sees Flat Price Action around 1.3600 due to the Oil Market

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

USD/CAD: The pair is seeing flat price action around the 1.3600 mark and price often tests the 1.3590 mark as CAD remains firm supported by positive crude oil market activity. USD’s weakness had little impact as safe-haven demand provided USD bulls with enough strength to retain price action at current levels. Traders now await US data for short term profit opportunities. 

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