The USDCAD continued its downward pressure earlier today, breaking 低于1.38078至1.38499之间的关键摇摆区域. This zone has been significant, acting as support and resistance going back to 2024年11月, and again over the past two weeks.

The break took the pair to a new low at 1.37808, marking the 2024年10月17日以来的最低水平. However, that downside extension 失去了动力, and the pair has since rebounded, climbing 回到挥杆区.

The near-term battle now centers on whether buyers can push the price 在1.38499的摆动区域的上边界上方. A move above that level would represent a 买家的小胜利, but additional hurdles lie ahead.

最终需要突破的下一个上行目标包括：

• 100-小时移动平均线于1.38692（见下图蓝线） – A break above would add to short-term bullish momentum.

• 200-小时移动平均线为1.39122 (green line on the chart below)– Clearing this level would be a more convincing shift in bias toward the upside.

As it stands, 偏置仍然向下倾斜, but buyers are trying to make a stand. Watch 1.38499 closely—保持在下方，卖家仍处于控制之中; break above, and the recovery effort gains traction.