The USDCAD remains under pressure, continuing its slide that began last week after the pair tested and failed at the 200-日均线 on two occasions (higher green line currently at 1.4016).

在过去的两个交易日，价格在100小时和200小时均线上下交易，100小时均线在昨天的最后一次反弹中停滞不前，然后转低。当价格跌破周一和周二亚洲市场1.3917附近的低点时，卖家推低了价格。

Price is now trading to new lows and is testing a key 摆动水平接近1.38607. A break below this level would put the price in the lower 2025年的极端区域最低点为1.37497。

Resistance now comes in between 1.3891和1.3904, which must be cleared to ease the bearish bias and shift near-term control back toward buyers.

Looking at the daily chart below, the low price for 2025 stalled just ahead of the 61.8%较2023年低点1.37415上涨（the low reached 1.37497 within 8 pips of that target). Swing levels toward that low would eye 1.3646 and below that the low from April at 1.3780.

卖家在控制。

关键层次：

• 支持： 1.38607, 1.3825, 1.3749 (2025 low extreme), 1.37415 (61.8% off daily)

• 阻力： 1.3891–1.3904, 1.3917 (swing level) 1.3949 (100-hour MA), 1.4016 (200-day MA)

• 偏见： Bearish below 1.3904, downside risks increase on break of 1.3860