Usdcad ready to fly buying level read the caption

The USD/CAD pair builds on the previous day's strong move up and climbs to a one-and-half-week high, closer to mid-1.3500s during the early part of the European session on Friday. Crude Oil prices stand tall near the YTD peak in the wake of a sharp decline in US inventories, drone strikes on Russian refineries and a rise in energy demand forecasts. This, in turn, is seen underpinning the commodity-linked Loonie and acting as a headwind for the currency pair. The downside, however, seems cushioned amid a modest US Dollar (USD) uptick