USD/CAD Rally Faces Pivotal Resistance Ahead of Fed Decision

The USD/CAD pair has been on a six-day rally that is now challenging pivotal resistance.

This recovery has carried price into the upper end of the September range, where buyers need to prove they can sustain the advance and force a more meaningful shift in the technical picture.

With the Federal Reserve's interest rate decision just hours away, the reaction at this threshold could determine whether the recovery develops into a larger reversal or begins to unravel.