USDCAD Technical Analysis: Crude Oil Surge Drives Loonie Strength, USDCAD Dips Below 1.3800 Support
In the past three trading days, USDCAD has experienced notable volatility, with the price retreating from above 1.3830 to close yesterday near 1.37827. This movement was primarily influenced by soaring crude oil prices that strengthened the Canadian Dollar. The US Dollar’s soft performance amid rising geopolitical tensions and market uncertainty added pressure to the pair, driving USDCAD below the key 1.3800 support level earlier this week. For everyday investors, this means that the commodity-l

















