CAD Anchors at Support 20/11/2025

USD/CAD staged a bullish rebound after defending the 1.4000 psychological floor.

Technical outlook

• SMAs: Have turned higher beneath price, adding constructive momentum.
• RSI: Prints positive signals, aligning with further upside attempts.

Base case (bullish while above 1.4000)

• Holding 1.4000 keeps the topside favored.
• A clean break/4H close above 1.4065 would likely extend toward 1.4090, then 1.4120.

Alternative / pullback

• A return below 1.4000 would stall the advance and tilt for 1.3955, then 1.3925.

Event risk

• U.S. NFP, unemployment, and average earnings today could spark sharp volatility—tighten risk controls around the release.

Risk note
Volatility is elevated amid trade/geopolitical headlines. Use prudent sizing and firm stops; reassess quickly if trigger levels give way.

Risk note
Headline risk is elevated. Use prudent sizing and firm stops; reassess quickly if these trigger levels give way.

S1: 1.4000	R1: 1.4090
S2: 1.3955	R2: 1.4120
S3: 1.3925	R3: 1.4170