Canadian Dollar momentum drains out of the charts on Friday, Loonie pinned in place

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• The Canadian Dollar is seeing a minor recovery against the US Dollar, but 1.3700 is proving a sticky level.
• A Retail Sales beat sees little positive momentum for the Loonie as markets remain USD-focused.
• Steady Crude Oil prices aren’t hurting the CAD, but aren’t helping it either.

The Canadian Dollar (CAD) is seeing some minor lift on Friday, but selling pressure remains and intraday action is steadily pushing the USD/CAD back to its opening bids.