The US Dollar traded sideways against the Canadian Dollar on Tuesday. The currency pair traded between the range of 1.3350/1.3297 during yesterday’s trading session.

The exchange rate could continue to edge higher during the following trading session. The potential target for bullish traders would be near the daily resistance level at 1.3382.

However, a resistance line at 1.3350 could provide a barrier for bulls in the shorter term.

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