18:09 UTC
Broad range, mid-range drift higher · RSI 55 · price 1.39008
Multi-quarter range, lower highs since Feb peak.
USDCAD remains range-bound between 1.3480 and 1.4480 since the February peak, with price now back in the upper half after carving a rounded bottom through Q2. EMA(50) on W1 sits just above price near 1.3950 and has flattened, consistent with regime indecision rather than trend resumption. RSI in the mid-50s offers no extreme signal at this scale.
Support: 1.3600, 1.3500, 1.3480
Resistance: 1.4140, 1.4480
What it said to watch
- Weekly close above 1.4140 prior high would reopen the path to the 1.4480 Jan peak
- Loss of 1.3600 range mid would shift the read back toward 1.3500 range low
- Rising oil prices on Middle East tensions remain a structural headwind for the pair