USD/CAD Price Outlook: Bulls Maintain Control
The USD/CAD pair shows a slight upward trend during the Asian session on Friday, hovering above pivotal support in the mid-1.3900s. While buyers maintain control, the lack of substantial follow-through buying indicates a cautious market environment. As the currency pair struggles to breach the psychological 1.4000 level, traders are weighing mixed cues that could influence upcoming movements. Analysts suggest monitoring related economic indicators closely for signals on where USD/CAD is likely heading next. Can the bulls sustain this momentum?
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