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Canadian Dollar Technical Outlook: USD/CAD Five-Week Rally Sets Up Major Breakout Test
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2026ๅนด10ๆœˆ8ๆ—ฅๆ˜ŸๆœŸๅ›› UTC 14:10

Canadian Dollar Technical Outlook: USD/CAD Five-Week Rally Sets Up Major Breakout Test

Currency Pairs:๐Ÿ’ฑ USD-CAD
USACanada

The USD/CAD rally has reached five straight weekly gains, stalling at the 61.8% retracement of the 2025 decline as a tight trading range forms. Michael Boutros, StoneX Media Senior Market Analyst, walks through USD/CAD on the weekly, daily and four hour charts and sets out the data calendar ahead.

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Canadian Dollar Technical Outlook: USD/CAD Five-Week Rally Sets Up Major Breakout Test