USDCAD: Key 50% Fibonacci Resistance at 1.3755 Emerges as Crucial Trading Barrier, May 19, 2026
Over the past three trading days, USDCAD has fluctuated between 1.3730 and 1.3752, closing yesterday at 1.37519 with a slight upward bias. The market mood has been shaped by expectations around the Federal Reserve and Bank of Canada policies, with the US dollar remaining robust amidst geopolitical and inflation concerns. Meanwhile, the Canadian dollar has weakened amid rising risk aversion, adding to volatility in the pair. Recent news highlights that USDCAD is near a two-month low, with analyst

















