USDCAD retests 100/200 hour MAs at day highs, but stalls.

USDCAD has experienced choppy price action today, with support holding above the 50% retracement level of thethe move up from the February 2025 low at 1.4345.

On the upside, resistance remains firm between the 100-hour and 200-hour moving averages (1.4387–1.4403). A breakout above these MAs would shift the bias higher, while staying below keeps sellers in control with the 50% at 1.4345 the downside target.

US Commerce Sec. Lutnick said in a Fox News area today that Mexico and UK have been pragmatic and thoughtful about tariffs. The EU and Canada have not.

Trump on Truth Social quoting Grant Cardone from Cardone Capital :