USD/CAD falls to near 1.3700 as traders expect BoC to keep rates steady in June
USD/CAD extends its losses for the second successive session, trading around 1.3720 during the Asian hours on Monday.
Price actions from 0.8038 are seen as a corrective pattern to the decline from 0.9200, which might still be extending. On the downside, below 0.8187 will bring retest of 0.8038 low. On the upside, above 0.8346 will bring stronger rebound to 0.8475. But after all, larger down trend is expected to resume after the correction […]
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