USD/CAD | US Dollar to Canadian Dollar Trading Analysis

USD/CAD | US Dollar to Canadian Dollar Trading Analysis

Written by: PaxForex analytics dept - Thursday, 02 April 2020 0 comments

USD/CAD currency pair proportionally depends on quotations for oil reference marks. As black gold showed one of the most serious declines in the commodity market due to the collapse of the OPEC deal, accordingly the Canadian dollar reacted to it rising to its historical highs - 1.4660.

USD/CAD, 30 min

Pivot: 1.4100