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The chart showcases the U.S. Dollar (USD) to Canadian Dollar (CA
USDCAD
, 1W
Long
USDCAD: The chart showcases the U.S. Dollar (USD) to Canadian Dollar (CA

The price has risen steadily from a low of 1.31512 since early 2024, peaking at 1.47931, with the 200-day EMA (orange line) providing strong support since December 2024. I expect the price to potentially test the resistance around 1.38812 again if the upward momentum continues. The focus is on the 200-day EMA as a key support level

Strong support in Emma200
ES1!
, 60
Long
ES1!: Strong support in Emma200

The EMMA200 on the 1-hour timeframe shows strong support, suggesting the price may retest yesterday’s high.

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