The USDCAD has extended its gains and pushed above the key 1.4000 level, reaching a high of 1.40043. The next upside target comes in at the 200-日移动平均线为1.40106, followed by 阻力位在1.40268, a prior swing area high. Beyond that, the 38.2%回撤位 of the decline from the March 2025 high sits at 1.40525, marking a more significant hurdle for buyers.

The earlier dip in price found support at 1.3977, the April 15 swing high, where buyers leaned in and reasserted control. That successful retest reinforced the bullish bias and helped fuel the move back toward and through 1.4000.

While the break above 1.4000 is constructive, 买家仍有工作要做. A sustained move above the 200-日均线, and ultimately the 1.40525回撤位, is needed to confirm a stronger upside shift. For now, momentum remains with the buyers.