The currency pair climbs for the seventh straight session, fueled by technical momentum and a sustained upward trend.
USD/CAD advanced to 1.4150, marking its highest level in 14 months, as the pair extended its winning streak to seven consecutive sessions. The pair traded near 1.4140 during European hours on Friday, supported by a bullish technical outlook.
The daily chart shows USD/CAD moving within an ascending channel pattern, reinforcing the upward bias. Prior sessions saw the pair consolidate gains above key resistance levels, with no signs of a near-term reversal.
No immediate market reaction was specified, but the sustained rally reflects broader USD strength and CAD weakness.