USDCAD looks range bound as price keeps consolidating between 1.353 support and 1.372 resistance.
The AI chart read stays sideways with 75 to 80 percent confidence while volatility and momentum remain muted.
News sentiment over the last 24 hours is positive for USD and also positive for CAD so the fundamental bias is mixed.
Positioning shows longs easing and open interest falling which often supports quiet sideways trade until a breakout.
The AI chart read stays sideways with 75 to 80 percent confidence while volatility and momentum remain muted.
News sentiment over the last 24 hours is positive for USD and also positive for CAD so the fundamental bias is mixed.
Positioning shows longs easing and open interest falling which often supports quiet sideways trade until a breakout.