CAD Faces Selling Pressure 12/11/2025

USD/CAD — 4H Technical Update

The pair sold off sharply, tracking a bearish double-top break.

Technical outlook

• Trend/SMAs: Price is sliding within a steep downchannel, capped by descending SMAs acting as dynamic resistance.
• RSI: Firmly negative, consistent with sustained downside pressure.

Base case (bearish while below 1.4040)

• Maintaining trade beneath 1.4040 keeps the bias lower.
• A decisive break/4H close below 1.3995 would likely extend losses toward 1.3965, then 1.3945.

Invalidation / bounce path

• Reclaiming and holding above 1.4040 would stall the downtrend and allow a recovery toward 1.4080, then 1.4120.

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

Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.

S1: 1.3995	R1: 1.4040
S2: 1.3965	R2: 1.4080
S3: 1.3940	R3: 1.4120