USD/CAD Price Forecast: USD/CAD bearish structure intact, short-term bounce hinges on 1.3700 support

  • The Canadian Dollar (CAD) holds firm against the US Dollar (USD) on Tuesday, with the USD/CAD pair trading sideways during the American session to trade around 1.3720. The pair had stabilized earlier in the day as the Greenback attempted a mild rebound, but lost steam despite a stronger-than-expected JOLTS Job Openings report.