USDCAD: the pair reversed upwards, will growth continue?
USDCAD reversed upwards and consolidated above 1.3600 amid weak Canadian economic data published last week. Details – in our analysis for 7 July 2025.
USDCAD technical analysis
On the H4 chart, USDCAD quotes show an upward correction within a downtrend. Quotes rebounded from daily support at 1.3557 and formed a reversal upwards. In the near term, there is a high probability of the upward correction continuing.
USDCAD quotes reversed upwards and rose to an area above 1.3600.
Read more - USDCAD Forecast
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