22:39 UTC
Broad downtrend faded into range · RSI 60 · price 1.39455
Range-bound, price in upper half.
USDCAD has been range-bound between roughly 1.3550 and 1.4140 since mid-2025, after the slide from the February 2025 high at 1.4793. Price sits in the upper half of that range and holds just above a flattening W1 EMA(50), with the bounce off the January 2026 low at 1.3481 lifting back toward the 1.40 round number. The dovish-BoC, firmer-USD backdrop underpins the grind higher within the range.
Support: 1.3550, 1.3481
Resistance: 1.4000, 1.4140
What it said to watch
- Weekly close above the 1.4140 nov high reopens the prior leg toward the 1.4793 area
- Failure to hold the 1.3550 range floor reactivates the broader downtrend toward the 1.3481 jan low
- Range read stays intact while price oscillates between 1.3550 and 1.4140