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ForexJul 9, 2026Source: Action Forex

USD/CAD Daily Outlook

USD/CAD Daily Outlook

Consolidation continues below 1.4247 and intraday bias remains neutral in USD/CAD. Deeper pullback cannot be ruled out. But downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% retracement

Consolidation continues below 1.4247 and intraday bias remains neutral in USD/CAD. Deeper pullback cannot be ruled out. But downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% retracement of 1.4791 to 1.3480 at 1.4290. Firm break there will pave the way back to 1.4791 high. […] The post USD/CAD Daily Outlook appeared first on ActionForex.