USDCAD Enters Temporary Truce Amid Market Movements – Market Analysis – 10/10/2025

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“USDCAD experienced slight declines in its latest intraday session after surpassing our previously suggested target at 1.4000. The pair appears to be taking profits from its recent gains and working to ease overbought conditions indicated by the emergence of a bearish crossover on the relative strength indicators. This corrective pause could help the pair consolidate positive momentum, potentially supporting a continuation of the sharp uptrend. The dominant short-term bullish trend remains intact, with price action continuing to trade along a supportive trendline.”

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