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fxJun 9, 2026, 6:18 AM

USD/CAD Eases from 1.3960 Highs, Bullish Trend Intact

The US Dollar eased against the Canadian Dollar on Tuesday, pulling back from near the year-to-date peak of 1.3960, while the broader bullish trend remains in place.

USDCAD

The USD/CAD pair edged lower on Tuesday, retreating from levels just below the 1.3960 mark—the year-to-date peak. The pullback follows a sustained upward move that brought the pair close to its highest level of the year.

Despite the dip, the overall bullish trend remains intact. Traders are watching whether the correction deepens or the pair resumes its climb, with the 1.3960 level acting as a key resistance point.

Source: FXStreet Forex News