11 Feb 2026
USD/CAD Technical Analysis
Overview:
USD/CAD pulls back as the Canadian Dollar climbs to a near two-week high. Softer US data and stable oil prices support the Loonie ahead of the US Nonfarm Payrolls (NFP) release.
Technical Levels:
Resistance: 1.3750
Support: 1.3600
Trend: Mild corrective pullback
Insight:
Slightly bearish sentiment for USD/CAD.
Losses may extend if NFP disappoints and oil remains firm.
Watch oil prices and Canadian macro data as short-term catalysts.
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