Earlier we suggested testing the boundaries of the range in which the USD/CAD pair, which was expected to happen on the background of the news regarding the monetary policy in both the US and Canada. After the decision of the Bank of After the decision of the Bank of Canada to reduce the key rate by 0.25%, the Canadian dollar was under the pressure and USD/CAD pair quotes reached the upper boundary of the range. Keeping the range of federal funds rates in the U.S. at the same level provides additional support for the U.S. dollar. However, this does not means that we will definitely be able to observe the renewal of the price maximum, as this move by the Fed was anticipated by the market and, in all likelihood. It is likely to have already been priced in.