USDCAD is breaking out of a descending channel and reclaiming a key supply zone around 1.3800, showing strong bullish momentum with structure shift indicating continuation toward 1.4100+.
Fundamentally, USD remains supported by the Fed’s higher-for-longer stance due to persistent inflation, while CAD is weakening as oil prices face volatility and softer economic expectations reduce demand for the commodity currency.
At the same time, improving risk sentiment is not strong enough to support CAD, allowing USD strength to dominate as liquidity is cleared above resistance.
Overall, I am watching for sustained acceptance above this zone as breakout confirmation, with smart money momentum suggesting a strong upside expansion is in play.
Fundamentally, USD remains supported by the Fed’s higher-for-longer stance due to persistent inflation, while CAD is weakening as oil prices face volatility and softer economic expectations reduce demand for the commodity currency.
At the same time, improving risk sentiment is not strong enough to support CAD, allowing USD strength to dominate as liquidity is cleared above resistance.
Overall, I am watching for sustained acceptance above this zone as breakout confirmation, with smart money momentum suggesting a strong upside expansion is in play.
✅ ✅✅Join our Free Forex Community Telegram Channel here.
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
✅ ✅✅Join our Free Forex Community Telegram Channel here.
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。