FX Watch: USD/CAD to Hit Its Range Resistance After the U.S. Inflation Data?

USD/CAD just bounced from a spread support ahead of Uncle Sam’s inflation reports!

In case you missed it, an overall USD bearish vibe took over the markets late last week as a weak U.S. report upped the percentages of a Fed rate cut.

But that was last week. This time, we’re taking closer take a look at how USD/CAD bounced from the 1.3650 zone and the chance that the bulls can extend the move all of the strategy to a previous resistance level.

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