USD/CAD nears the June high
USD/CAD is up a full cent in the aftermath of the Bank of Canada decision. The pair is trading at 1.3373.
The key level to watch is 1.3386, which was the June high. A break above may clear the way to a test of the 2017 high of 1.3782.
The market is thinned out today because US markets are closed but this is the right direction for USD/CAD to be going after a dovish BOC statement.
