USDCAD is 0.42% Higher at 1.3447 as Weakness in the CAD Continues

USDCAD Hourly (H1) Chart

USDCAD is 0.42% higher at 1.3447 as the weakness in the Canadian dollar due to the sharp drop in crude oil price continues. The USDCAD will meet first support at 1.30 the recent low while the next major support level stands at 1.29 mark. On the other side, strong resistance will be met at 1.3300. 

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