U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD - 10 June, touch trend, maintain uptrend

95
USDCAD trend forecast JUNE 10 , 2025

💬The Canadian Dollar continues to edge lower for the third consecutive session, as the US Dollar draws modest support from growing optimism surrounding the ongoing trade discussions between the United States and China. That said, USD/CAD remains close to, but has yet to decisively breach, the year-to-date high of 1.3640 recorded last week.

The Greenback maintains a mildly positive bias on Tuesday, supported in part by reassuring remarks from President Donald Trump, who expressed confidence in the progress of US-China negotiations as both sides engage in a second day of talks aimed at easing trade tensions between the two global powers.

💬 Moving in an uptrend, there is not much important economic news today, pay attention to the buying point when the price touches the uptrend line H1

🥇/// BUY USDCAD : zone 1.37000 - 1.36900

SL: 1.36600

TP: 40 - 60 - 100pips ( 1.37900 )



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The selling pressure seems larger, causing USDCAD to decrease

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