USDCAD Forex Weekly - 27 - 31 July 2020

USD/CAD has pushed 0.21% higher on Friday but it's still a pretty bearish week. The oil price has also suffered and the risk theme has supported the move higher in the pair.

Price is trading out of the box and we are expecting movement still consolidating on a range market but a break below 1.33500 will heading lower towards 2.618/3.82 key level support fibo retracement