USD/CAD Price Picks Momentum Near 1.3375, Eying US CPI

<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" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" 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 remains bullish as long as it stays above the median line (ml). Higher inflation should lift the greenback. A new higher high activates further growth. The USD/CAD price is trading in the green at 1.3374 at the time of writing. The pair is struggling to stay higher despite temporary retreats. The US dollar…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/11/usd-cad-price-picks-momentum-near-1-3375-eying-us-cpi/">USD/CAD Price Picks Momentum Near 1.3375, Eying US CPI</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>