On the daily chart, USDCAD fell back after testing the resistance near 1.430. The current market is running below the downward trend line. The current support below is around 1.4027. If it falls below, it will continue to fall. The support below is around 1.3900. At present, you can pay attention to the short-selling opportunities in the 1.4200-1.4220 area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.