20:02 UTC
Uptrend since Jan 2026 low, pressing 2026 high · RSI 60 · price 1.42655
Higher lows from 1.3481 (Jan) through 1.3550, 1.3732 and 1.3929; highs stepping up to 1.4299.
Trending higher since the late-January 2026 low at 1.3481, with a rising trendline of higher lows still intact and price back at the 2026 high zone near 1.4299. That 1.4299 high was set in October, above the june high at 1.4248. The leg up has been driven by Fed-BoC divergence: hawkish Fed repricing after a strong NFP and hot US CPI, against a soft Canada jobs print. Price holds above a rising EMA(50) at 1.3956 and EMA(20) at 1.4042, so the macro structure is intact. RSI at 60 is mid-range, not stretched, and ATR has drifted up to about 151 pips.
Support: 1.4248, 1.40415, 1.39564
Resistance: 1.4299, 1.4500
What it said to watch
- Weekly close above the 1.4299 2026 high extends the Jan–Oct rally and opens the path toward the 1.4500 round number
- Canada CPI and Chair Warsh, both Mon 16 Nov, could materially shift this read
- Weekly close back below the 1.4248 june high returns price to the 1.40–1.43 band, with the ema20 at 1.4042 next
- Weekly close below the ema50 at 1.3956 and the rising trendline would break the higher-low regime