ONTRADE Forex

USD/CAD Price Forecast: Bulls target 100-day SMA as hawkish Fed expectations underpin USD

USD/CAD Price Forecast: Bulls target 100-day SMA as hawkish Fed expectations underpin USD
The USD/CAD pair builds on the previous day’s goodish rebound from the 1.3670 area, or a one-week low, and attracts buyers for the second straight day on Tuesday. Spot prices climb to a two-month high during the early part of the European session amid a firmer US Dollar (USD).

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