The Canadian dollar, paired with the US dollar, is above the support level in the region of 1.3372 dollars. It is also seen a way out of the framework of the downward trend, which hints at further growth in the medium-term outlook to a resistance level of 1.3516 dollars.But, do not forget that in the frames of speculative trading there can be a move in favor of the Canadian dollar. Now oil prices are strengthening at a steady pace, this, in turn, supports the Canadian dollar. In addition, on Friday, traders will pay attention to the publication of the March unemployment rate of Canada. If the indicator continues to decline, it will positively affect the Canadian dollar in pairs with other currencies.
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