21:03 UTC
Uptrend, extended/stretched · RSI 68 · price 1.42131
Higher highs, higher lows since April.
USDCAD has run to fresh 14-month highs near 1.4248, the dollar leg accelerating since the mid-June break above 1.4100 on hawkish-Fed repricing and a ~20% June oil slide pressuring CAD. Price holds well above a rising EMU50, but the move is stretched — RSI elevated and price flat over the last four sessions between 1.4169 and 1.4248. The 1.4169 swing low is the nearest pivot under the consolidation.
Support: 1.41688, 1.40997
Resistance: 1.42476, 1.4310
What it said to watch
- Daily close above 1.4248 opens the path toward 1.4310
- Failure to hold 1.41688 confirms a lower-low and stalls the trend
- US June NFP and BoC Macklem (Jul 1) could materially shift this read