USD/CAD: The Pair 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 showed signs of easing despite holding firm overall in the global market. CAD remains supported by broad market risk sentiment and crude oil price retaining hold above $25 handle. Traders await fresh cues from US market hours for short term profit opportunities. 

Please feel free to share your thoughts with us in the comments below. 

Was this post helpful?