19:03 UTC
Range-bound, mid-range · RSI 50 · price 1.40161
Broad range 1.3475–1.4570, price at 1.40 pivot.
USDCAD has been range-bound between roughly 1.3474 and 1.4570 for the past ~18 months, with a Q2-Q4 2025 decline from the 2025 high bottoming at the 2026 low before a recovery through H1 2026. Price now consolidates around the 1.40 psych pivot — the fair-value zone flagged in commentary after Canada's blowout jobs beat and the US payrolls shock — sitting above a rising W1 EMA(50). The June 2026 swing high at 1.4247 caps the recovery, while the 1.3585 swing low marks the last defended shelf below the pivot.
Support: 1.4000, 1.3585, 1.3474
Resistance: 1.4247, 1.4570
What it said to watch
- Weekly close above 1.4247 swing high opens the path toward the 1.4570 2025 high
- Loss of the 1.40 psych pivot exposes the 1.3585 swing low
- US CPI Aug 12 is the near-term catalyst that could shift this range read