USD/CAD Price Forecast: Defends 1.4000 ahead of US/Canadian employment details – FXStreet
The USD/CAD pair has successfully defended the 1.4000 level as it awaits the release of US and Canadian employment data. This level has proven to be a strong support for the pair in recent trading sessions. Traders are closely monitoring the upcoming employment details from both countries to gauge the economic health of the USD and CAD. The pair’s ability to hold above 1.4000 suggests that there is still some bullish sentiment in the market. Investors will be keeping a close eye on the data to determine the future direction of the USD/CAD pair.