USDCAD 11.9.2025
Overview:
A short‑term uptrend remains intact, anchored by a rising trendline. Price is leaning on 1.38698 with overhead levels at 1.39259 and 1.40238. Key supports align near 1.35822 and 1.35495.
Path Ahead:
Bullish case:
- A break and hold above 1.38698 targets 1.39259 then 1.40238.
Bearish case:
- Rejection and a drop through recent swing lows would invite a pullback to the trendline; losing 1.35822/1.35495 would sap momentum.
Key Levels:
Resistance: 1.38698 – 1.39259 – 1.40238
Support: 1.35822 – 1.35495
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