美元/加元
做多

USDCAD

40
Recently the Bank of Canada paused on its rate hikes, to allow time for the effects of the previous rate hikes to be reflected.

A slowdown in inflation growth would be supportive of their recent decision to pause and could reinforce a continuation of the decision. This could result in some strengthening of the Canadian dollar .

The USDCAD is likely to retrace to test the 1.37 round number level and 50% Fibonacci retracement level. However, if the USDCAD breaks below 1.3650, the next key support level would be at 1.3560.

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