Market Technical Analysis by RoboForex

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USDCAD falls to support at 1.4080

The USDCAD rate declined towards 1.4080 during a downward correction amid rising expectations of another Fed rate cut. Discover more in our analysis for 24 November 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD pair is declining within the current downward corrective phase. The overall daily trend remains bullish, meaning that once the correction ends, the pair may resume its upward movement.

The USDCAD pair is moderately declining, approaching the 1.4080 support level.

Read more - USDCAD Forecast

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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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The RoboForex Team