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fxJun 19, 2026, 6:30 PM

USD/CAD Uptrend Intact, Bulls Eye 1.4200

USD/CAD extended gains during the North American session, up 0.27% on Friday and over 1.34% for the week, maintaining an upward bias as it targets last year's highs near 1.4200. The pair traded at 1.4175 after recovering from daily lows.

USDCAD

The USD/CAD pair continued its upward trajectory in the North American session, rising 0.27% on Friday and posting a weekly gain of more than 1.34%. The currency pair remains firmly in a bullish trend, with market participants eyeing a test of the 1.4200 level, which would mark a new high for the year.

At the time of writing, USD/CAD was trading at 1.4175, having bounced off its daily lows. The move extends the week-long rally, driven by sustained buying pressure. The uptrend appears intact, with bulls in control and poised to challenge the higher prices seen in the previous year.

Source: FXStreet Forex News