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June 12, 2025

USD/CAD Forecast: Pair Dips to Near Eight-Month Lows at 1.3650

The US Dollar to Canadian Dollar (USD/CAD) pair witnessed a significant retracement, trading around 1.3660 during Thursday’s Asian trading hours. Persistent bearish sentiment has been noted, pointing the pair downward within the established descending channel pattern as outlined in daily technical analyses. Traders remain cautious as they assess the current landscape.

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