FX.co ★ USD/CAD

On the USD/CAD pair, H1 timeframe. The pair is trading below the day's opening level of 1.3785 and below the daily Pivot level of 1.3817. Key indicators show a bearish trend, and the price is below the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3740, the price will move towards 1.3755 and potentially towards 1.3785 and above. Below the level of 1.3740, the pair will continue its descent towards 1.3730 and possibly towards 1.3700 and below. The pair is trading below the monthly Pivot level of 1.3801 (previous 1.3625), below the weekly Pivot level of 1.3862, and below the daily Pivot level, indicating a bearish sentiment for the pair. The current session's fork level is 1.3740. The first resistance level is 1.3755, and the first support level is 1.3730.