📰 USDCAD Rebounds: Bullish Bias Confirmed Above 1.3700 & 1.37208

📅 Jul 11, 2025, 06:15 EDT | 🔗 Source: Forexlive

🧠 Summary

USDCAD experienced volatility from tariff news and strong Canadian jobs data. However, robust buyer demand at support levels has led to a rebound. The pair faces a critical test at 1.3700 and 1.37208; a break above these levels signals strong potential for further bullish momentum.

💡 Why this signal?

  • Despite initial volatility, the USDCAD pair demonstrates strong underlying buying interest, evidenced by robust demand at key support levels.
  • Technical analysis indicates a strengthening bullish bias, with a confirmed break above 1.3700 and 1.37208 expected to unleash significant upside momentum.

📈 USDCAD Price Trend

⏱️ Impact Timing
As soon as key technical levels are breached
👥 Competitor Impact

No competitors impacted.

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