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fxJun 19, 2026, 7:22 AM

USD/CAD Hits 14-Month Highs Above 1.4150, Bullish Bias Prevails

USD/CAD extended its rally for a seventh consecutive session, trading near 1.4140 during European hours. Technicals show the pair moving within an ascending channel, reinforcing the bullish outlook.

USDCAD

USD/CAD continued its upward streak on Friday, reaching levels above 1.4150—the highest in 14 months. The pair traded around 1.4140 during the European session, marking the seventh consecutive day of gains.

From a technical perspective, the daily chart shows the pair moving within an ascending channel pattern. This formation typically signals persistence of the prevailing bullish trend, suggesting further upside potential in the near term.

Source: FXStreet Forex News