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Technical Analysis Posted 2 hours ago

USDCAD pulls back from 2026 high at 1.4023

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USDCAD retreated from yesterday's new 2026 high of 1.4023 after a strong rally from 1.3549 since early May. The pair found support near the 100-hour moving average at 1.3955 and key swing area between 1.3948-1.3966. USDCAD remains the focus as it tests critical support levels that will determine if the strong uptrend continues or faces deeper correction. The support cluster represents a key technical barometer for short-term direction.
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