FX.co ★ USD/CAD

On USD/CAD H1 timeframe. The pair is trading below the day's opening level of 1.3700 and below the daily Pivot level of 1.3703. Key indicators show a bearish trend, and the price is below the 72-period moving average trend line, where volume unloading usually occurs. Above the level of 1.3676, the price will move towards 1.3703 and potentially to 1.3720 and above. Below the level of 1.3676, the pair will continue its descent towards 1.3664 and possibly to 1.3660. The pair is trading near the monthly Pivot level of 1.3676 (previous 1.3791), above the weekly Pivot level of 1.3664, and below the daily Pivot level, indicating a corrective sentiment for the pair. At the current session fork, the monthly Pivot level is at 1.3676. The resistance level is at 1.3700, with the first support at 1.3673.