USD/CAD Price Analysis: Bears making their move for 1.3750 key daily support – by fx_ross USDCAD Technical Analysis
1.3750 is a key area of support given the daily trendline.is on the move to the downside with 1.3750 on the bear's radar. The price is falling towards trendline support on the daily chart while having already broken the 1.378- structure leaving the bias firmly on the downside for the time being:The monthly chart's outlook is bullish although a meanwhile correction is starting to take shape with the key Fibonaccis lining up with the prior structure looking left.
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