USDCAD stretches above 1.4000 for first time since April 10

The USDCAD has extended its gains and pushed above the key 1.4000 level, reaching a high of 1.40043. The next upside target comes in at the 200-day moving average at 1.40106, followed by resistance at 1.40268, a prior swing area high. https://www.forexlive.com/technical-analysis/usdcad-stretches-above-14000-for-first-time-since-april-10-20250512