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USDCAD DAILY OUTLOOK: Trying to build on its breakout

Trader 1 · July 13, 2026
General

Turning bearish after Friday’s break of a 12-day pattern pivoting 1.42.

For momentum to build to the downside, 1.414,  the 12-day range bottom needs to become resistance. Some caution as USDCAD has been unable to distance from it.

Low so far: 1.4117

Next key support 1.3950

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