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02 Sept 2026 · 12:03 GMT+3

USD/CAD Price Forecast: Eyes 50-day EMA after breaking above confluence around 1.3900

USD/CAD extends its gains for the second consecutive day. trading around 1.3940 during the European hours on Wednesday. The technical analysis of the daily chart indicates the pair is positioned above the descending channel top, signalling a bullish reversal.

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