USD/CAD Price Stays Bid Ahead of BoC Rate Decision

<div><img width="400" height="267" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags.jpg" class="type:primaryImage wp-post-image" alt="my USD/CAD forecast" decoding="async" style="margin-bottom: 15px;" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags.jpg 400w, https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags-300×200.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags-150×100.jpg 150w" sizes="(max-width: 400px) 100vw, 400px" /></div>
<p>The bias is bullish despite temporary retreats. The BOC should bring high volatility later today. The upper median line (uml) represents a major target. The USD/CAD price reached a new high of 1.3671 today, reflecting the strength of the US dollar. However, it has retraced slightly to 1.3648 at the time of writing. –Are you…</p>
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