USD/CAD H4 The pair is currently struggling to break below the support level at 1.3937, but considering that the moving average is above the quotes, there are chances. Therefore, they may break through and continue in a southern direction. In that case, I believe they could very well head towards the support at 1.3890. This is precisely the support that will push the quotes northward. Simply put, below this support, one can forget about any northern movement altogether. And if the support holds now, they could move towards the resistance at 1.4000, and it's not certain that this resistance will push the quotes back; they may break through further to the north. Let's work on it!
