USD/CAD Price Analysis: Hovers Below 1.3600 On Downbeat Oil Prices, Fed Decision Eyed
December 13, 2023 at 04:22 AM EST
USD/CAD grapples to extend its gains on the back of subdued Crude oil prices. A firm breakthrough above 1.3600 could lead the pair to reach a 21-day EMA at 1.3620. 14-day RSI lies below the 50 mark; the 1.3550 level could act as key support.