USD/CAD has turned bullish, breaking above 100 and 200-day moving average after Canadian retail sales dropped 0.9% in November against -0.6% forecasted.
The pair has been trading above mid-1.3300 which indicates strong positive tone. Immediate resistance for the spot is at 1.3360 ahead of 1.3385 area.
On the other hand, crude oil declined on the day that took back support lent to the Canadian Dollar.
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