20/11/2025
USDCAD Daily Chart Update: The initial long entry has successfully played out from the support zone near 1.39850, and the pair is now running approximately 115.9 pips in profit, with the Daily chart currently showing a strong bullish close above the recent high, confirming momentum toward the First Target (TP1) at 1.41414 and the Second Target (TP2) at 1.42118. The expectation is for a continued climb toward these targets, but you should watch for potential selling pressure as the price nears TP1, which is a major area of previous resistance and the first extension target on the Daily chart, making risk management essential by moving the Stop Loss to secure gains.