USDCAD 29.7.2025

Technical Analysis
Tuesday, July 29, 2025 - 12:40
Point Trader Group

General Trend:

The pair is trading in a long-term ascending channel and currently testing the uptrend from the 1.3427 area.

Expected Scenario:

Bullish:

A continuation from 1.3640 may lead to a test of 1.3775 then 1.3900.

Bearish:

A break below 1.3549 could expose 1.3427.

Key Levels:

Resistance: 1.3775 – 1.3900

Support: 1.3549 – 1.3427


*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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