| The USDCAD has trended higher from a low of 1.3575 on Wednesday to a high today of 1.3715 today. What would keep the buyers in control? What would give the sellers back some control? |
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Published on March 13, 2026
| The USDCAD has trended higher from a low of 1.3575 on Wednesday to a high today of 1.3715 today. What would keep the buyers in control? What would give the sellers back some control? |
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USDCAD Technicals.The USDCAD moves lower after stronger jobs data but bounces. What next?
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The Canadian jobs data was stronger that expectations and that sent the USDCAD to new lows going back to Tuesday’s trade, but bounced higher. The October high from October 14 at 1.4079 was broken in the process and is now close resistance for traders looking for more downside momentum. Below that a swing area between 1.4060 to 1.4066 would be downside targets that if broken
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