Thursday, October 15, 2026

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USD/CAD looks to find value on dips

Pair seeks long at 1.2405 for expectation of an extension through 1.2600 Support has formed between 1.2353/1.2388; Feb 3/26 lows A daily close below 1.2286 - 23.6% 1.0620 to 1.2800 up-leg

By Meredith J C Warren
1 min read
USD/CAD looks to find value on dips
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  • Pair seeks long at 1.2405 for expectation of an extension through 1.2600

  • Support has formed between 1.2353/1.2388; Feb 3/26 lows

  • A daily close below 1.2286 - 23.6% 1.0620 to 1.2800 up-leg 

 

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