U.S. dollar is under pressure as traders focus on the pullback in Treasury yields.
Sentiment is: Negative
Technical Analysis
The price of USD/CAD in heading in the direction of 1.3764. Despite the recent breakout through 1.3839 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
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