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The USDCAD breaks key resistance - Analysis-24-03-2026
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The USDCAD breaks key resistance - Analysis-24-03-2026
Mar 23, 2026 9:32 PM

The USDCAD pair extended its gains during recent intraday trading, successfully breaking above the key resistance level at 1.3735, benefited from its previous stability at EMA50s support, which provided positive momentum, further strengthened by trading along a short-term ascending trendline.

Additionally, positive signals are emerging from the relative strength indicators reinforce the likelihood of further gains in the near term.

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