The USDCAD has moved back above a previously broken trend line on the hourly chart, offering buyers a 小規模戦術勝利. However, to build a more convincing bullish bias, the pair still needs to 100 時間移動平均を上回って維持します, currently near 1.3611.

Since peaking on 5 月 13 日, the pair has been in a steady downtrend. There have been several corrective attempts to push above the 100-hour moving average during the decline, but each time the price approached the higher 200-時間移動平均, momentum quickly faded, and the pair resumed its move lower. The most recent example was on 火曜日, when a brief move above the 200-hour MA failed to attract sustained buying interest.

For now, buyers are trying to stabilize the pair, but 重荷は彼らに残っている to prove they can hold above key technical levels to shift the short-term narrative. The first target above is a 100 hour moving average and then the 200 hour moving average – coupled with a downward trend line near 1.36457 becomes another hurdle.

Longer term, the low reached yesterday, took the pair to the lowest level going back to early October. The 2024 年 9 月の安値は 1.34233 に達しました。これは、 2024 年 3 月に戻る安値近くでした。. If momentum to the downside should accelerate, those lows would be targeted.