USD/CAD at Risk of Breakdown as Oil Gains, Canadian Dollar Outlook Bullish for Now

USD/CAD extends losses on risk-on mood and rising oil prices, with the pair steadily approaching a key technical support near the 50-day simple moving average.

USD/CAD at Risk of Breakdown as Oil Gains, Canadian Dollar Outlook Bullish for Now
USD/CAD extends losses on risk-on mood and rising oil prices, with the pair steadily approaching a key technical support near the 50-day simple moving average.