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The USDCAD prices retest key resistance- Analysis-12-02-2026
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The USDCAD prices retest key resistance- Analysis-12-02-2026
Mar 11, 2026 3:49 AM

The (USDCAD) price settles on a rise in its last intraday trading, retesting 1.3585 resistance, amid the dominance of the main bearish trend on short-term basis, with its trading alongside supportive trend line for this path, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of full recovery on near-term basis, especially with the emergence of negative overlapping signals from relative strength indicators, after reaching exaggerated overbought levels compared to the price move.

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