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USD/CAD

USD/CAD Bullish Momentum Eases but Upholds Long-Term Uptrend Amid Technical Caution and Fundamental Support

USD/CAD’s uptrend continues amid diverging U.S. and Canadian monetary policies and weaker oil prices. Technical indicators show momentum slowing with consolidation near 1.3650–1.3750, yet the medium-term bullish structure remains intact. Watch for support around 1.3600; fundamental resilience in U.S. data and Fed hawkishness keep upside potential alive.

USD/CAD

Canadian Dollar Outlook: Rebound Fueled by Oil Prices and Evolving U.S. Federal Reserve Expectations

USD/CAD pulled back after testing 1.3800 amid a rebound in oil prices and shifting Fed rate expectations. With crude climbing and dovish Fed signals emerging, the Canadian Dollar may gain further if energy markets stay strong and U.S. data supports a softer monetary stance. Stay tuned for key economic releases influencing the pair’s next move. Based on reporting by Matt Weller, FOREX.com.

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