USD/CAD Weekly Forecast: Weaker Oil, Trade Data Weighs on CAD

my USD/CAD forecast

The USD/CAD weekly forecast exhibits a bullish trend, with the U.S. dollar maintaining a slight advantage over the Canadian dollar. The price level is testing the resistance level at 1.3969. In the event of a breach, it could rise to 1.400. Higher U.S. Treasury yield, elevated inflation, and oil prices balance each other, keeping the…

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