The USD/CAD dropped to a weekly low around 1.3991, but then recovered slightly. At the time of writing, it was trading at 0.66% down near 1.4015.  Rising oil prices and a favorable market sentiment helped the CAD to recover against the USD. WTI oil rose above $27 in hopes that OPEC+ would agree on a production cut to stabilize the market.

USD/CAD, 30 min

Pivot: 1.4024