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28.07.2025 08:07 AM
With today's Golden Cross on USD/CAD, the Loonie has the potential to strengthen and rise to its nearest resistance level on Monday, July 28, 2025.

USD/CAD – Monday, July 28, 2025

Although the RSI (14) is at a neutral-bearish level, the Golden Cross condition between the 50-EMA and 200-EMA indicates a bullish bias, so USD/CAD has the potential to strengthen today.

Key Levels

1. Resistance. 2 : 1.3778.

2. Resistance. 1 : 1.3739.

3. Pivot : 1.3686.

4. Support. 1 : 1.3647.

5. Support. 2 : 1.3594.

Tactical Scenario

Positive Reaction Zone: If USD/CAD breaks through and closes above 1.3739, the Lonnie has the potential to continue its strengthening to 1.3778.

Momentum Extension Bias: If USD/CAD breaks through and closes above 1.3778, the USD/CAD has the potential to continue its strengthening to 1.3831.

Invalidation Level / Bias Revision

Upside bias weakens when the Lonnie breaks through and closes below 1.3594.

Technical Summary

EMA(50): 1.3685.

EMA(200): 1.3661.

RSI(14): 47.68.

Economic News Release Agenda:

Risk sentiment and US yields remain solid, and the imbalance in Canadian economic data has strengthened the USD, potentially leading to USD/CAD strengthening today.

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Summary
Urgency
Analytic
Arief Makmur
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