USD/CAD nudges lower towards the February low as traders deliberate Trump tariffs ...Middle East

The mix of everything is seeing USD/CAD ease lower for now, with the pair nudging closer towards a test of the February low at 1.4150.

As for the fundamental side of things, it's still going to be a hell of a mess to sort through in the days/weeks ahead. There's still so much uncertainty and plenty of moving parts in terms of retaliation and what not, that it will make it extremely tough for market players to draw any firm conclusions.

But for now, the dollar is the one that's being pushed down in the first wave. And the technical considerations are starting to factor in as well, as seen above.

This article was written by Justin Low at www.forexlive.com.

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