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26.06.2025 05:11 AM
USD/CAD continues to weaken even though there is a potential for a re-test at its Dynamic Resistance, Thursday, June 26, 2025.

USD/CAD – Thursday, June 26 2025.

USD/CAD is moving in a weakening condition even though there is a potential for strengthening to the extent of a retracement.

Key Levels

1. Resistance. 2 : 1.37724.

2. Resistance. 1 : 1.37492.

3. Pivot : 1.37317.

4. Support. 1 : 1.37085.

5. Support. 2 : 1.36910.

Tactical Scenario

Pressure-Prone Zone: If the 1.37492 level acts as a level that is strong enough to withstand the rate of strengthening retracement that will occur with the Dynamic Resistance of VWAP, then it has the potential to make USD/CAD depressed again to the 1.37317 level.

Momentum Extension Bias: If The Lonnie manages to break through and close below its Pivot level, it has the potential to continue its weakening back to the level of 1.37085.

Invalidation Level / Bias Revision

Downside bias is held if the USD/CAD price continues to strengthen and breaks above the level of 1.37724.

Technical Summary

The current USD/CAD price movement structure forms a Higher Low - Lower Low and is below the VWAP which has a decreasing slope and is in a Bearish channel that is diving down, the RSI (14) condition with a value of 40.21 which is in the Neutral Bearish area indicates that USD/CAD is still under pressure.

Economic News Release Agenda

1. US GDP (QoQ) (Q1) - 19:30 WIB.

2. US Durable Goods Orders (MoM) (May) - 19:30 WIB.

3. US Initial Jobs Claim - 19:30 WIB.

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