The story remains the same for the USDCAD technicals. Traders waiting for the break.
The USDCAD technical picture remains largely unchanged. On Monday, the pair pushed above the 38.2% retracement of the 2025 trading range and also broke above a key swing area between 1.40106 and 1.40268. Since then, the price has held above that zone, keeping buyers in control of the short-term bias.However, upside momentum has been capped, with the Tuesday high at 1.40798 marking the current ceiling.
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