The USD/CAD pair attracts some dip-buyers during the Asian session on Tuesday, though it lacks follow-through amid mixed fundamental cues. Spot prices, however, manage to hold comfortably above the 100-day Simple Moving Average (SMA) and stick to modest gains above the 1.3800 round figure.
Ripple (XRP) displays bullish potential, trading above $2.98 on Monday as cryptocurrency prices generally recover. A break above the immediate $3.00 hurdle could bolster XRP’s technical structure, increasing the chances of a 23% breakout to its all-time high of $3.66 reached on July 18.
There is room for Australian Dollar (AUD) to pull back further, but any decline is likely part of a range between 0.6530 and 0.6575.