Canadian Dollar: Downtrend extends versus US Dollar – Societe Generale
Di FXStreet Insights Team
Aggiornato: 22 Jun 2026
ARTICOLI POPOLARI
Societe Generale highlights that USD/CAD has accelerated higher after breaking a descending trend line in place since last year, signalling a momentum shift and an attempted breakout from a broad multi-month range.
Societe Generale highlights that USD/CAD has accelerated higher after breaking a descending trend line in place since last year, signalling a momentum shift and an attempted breakout from a broad multi-month range. While the move looks stretched, the bank sees no clear pullback signals yet, with support at 1.4130/1.4150 and upside objectives at 1.4250 and 1.4285/1.4335.
Momentum shift with new upside targets
"USD/CAD has accelerated its up move after crossing the descending trend line in place since last year, signalling a shift in momentum."
"The pair is now attempting to break out of a broad multi-month range."
"The move is somewhat stretched, however, there are no clear signals of a meaningful pullback yet."
"The November peak at 1.4130/1.4150 serves as the first support; defence of this zone may lead to continuation in up move."
"The next objectives could be located at projections of 1.4250 and 1.4285/1.4335."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Oltre un milione di utenti si affida a FXStreet per dati di mercato in tempo reale, strumenti di charting, approfondimenti di esperti e notizie Forex. Il loro calendario economico completo e i webinar formativi aiutano i trader a rimanere informati e a prendere decisioni ponderate. FXStreet conta circa 60 professionisti tra la sede di Barcellona e diverse regioni globali.
Leggi di più
