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USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channel

Published 1 month ago • Oct 6, 2025 at 8:16 AM • Negative
USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channel
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USD/CAD remains subdued for the second successive session, trading around 1.3950 during the European hours on Monday. The technical analysis of the daily chart suggests the weakening of the bullish bias as the pair is attempting to break below the ascending channel pattern.

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