USD/CAD Bulls Face Their Biggest Technical Test Since Last Year's Rebound

StoneX5 days ago

Canadian dollar technical outlook is approaching a decisive breakout as USD/CAD tests major resistance after six consecutive weeks of gains. Michael Boutros, Senior Market Analyst at FOREX.com, explains the key technical levels to watch, why 1.4239 is the critical breakout zone, and how this week's FOMC minutes and Canadian employment report could determine the next major move for the pair. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=x&utm_medium=social&utm_campaign=sxtv_guest_michael_boutros&utm_content=share Like and subscribe for more financial market insights. #StoneX #MichaelBoutros #USDCAD #CanadianDollar #Forex #TechnicalAnalysis #FOMC #CanadaJobs #USD #Trading

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