USDCAD patrons again in management with break again within the "Crimson Field" Keep above 1.4268 bullish.

The USDCAD has moved again into the “Crimson Field” vary (1.4268 – 1.4466), which had contained value motion since mid-December. Volatility elevated after President Trump took workplace, initially sending the pair sharply greater (CAD decrease) earlier than reversing decrease (CAD greater) when tariffs on Canada had been enacted after which retracted.

A few weeks in the past, the pair broke under the 1.4268 – 1.4278 help zone, extending losses to 1.4350 earlier than rebounding. Yesterday, value retested the Crimson Field low, briefly corrected, however then surged greater, closing again inside the vary.

Right this moment, bullish momentum continues. What’s subsequent? I define the important thing technical ranges, targets, and risk-defining areas forward. Patrons have regained management—however the query stays: Can they maintain it?

This text was written by Emma Wang at www.ubaidahsan.com.



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