USD/CAD Technical Analysis: Inside a Bullish Wedge Pattern
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USD/CAD Is Inside A Wedge Pattern, Here Are The Levels And Next Big Move

Published At: Jul 05, 2025 by Gareth Soloway
USD/CAD Is Inside A Wedge Pattern, Here Are The Levels And Next Big Move

The USD/CAD is chopping inside a bullish wedge pattern. This is also known as an ascending wedge. Price has been rejected off the horizontal trend line at the top of the wedge at 1.47. This will remain as resistance.

Support on the USD/CAD is at approximately 1.32. If price were to fall, this is where the USD/CAD would likely hit the upsloping trend line, the bottom of the wedge.

Overall, this wedge pattern historically has a high probability of breaking out.

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