The Canadian dollar has rallied initially during the trading session on Thursday against the Japanese yen, but we have also seen a bit of exhaustion come into the picture.
At this point in time, it looks like the US dollar continues to see plenty of buyers against its northern neighbor as the 1.3450 level has offered support yet again.
During my daily analysis of major currency pairs, the USD/CAD pair captures my attention due to the fact that we are heading toward a major support level.
