The USD\/CAD pair is experiencing a sharp decline within a strong downward trend after breaking the key support level at 1.3900.<\/p>\n\n\n\n
Technical Outlook \u2013 4-Hour Timeframe:<\/p>\n\n\n\n
The simple moving averages continue to apply downward pressure from above, with no dynamic resistance in place, while the pair moves along a steep descending trendline.<\/p>\n\n\n\n
Likely Scenario:<\/p>\n\n\n\n
If the price remains below the previously broken support\u2014now acting as resistance at 1.3900\u2014the outlook favors further declines. A confirmed break below 1.3810 would open the door for a move toward the initial support at 1.3770, potentially extending to 1.3720.<\/p>\n\n\n\n
Conversely, if the price stabilizes above the psychological barrier of 1.3910, the downward trend could pause temporarily, allowing for a recovery attempt targeting 1.4010.<\/p>\n\n\n\n
Caution: The risk level is high amid ongoing trade and geopolitical tensions, and all scenarios remain possible.<\/p>\n\n\n\n
Risk note<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":" The USD\/CAD pair is experiencing a sharp decline within a strong downward trend after breaking the key support level at 1.3900. Technical Outlook \u2013 4-Hour Timeframe: The simple moving averages continue to apply downward pressure from above, with no dynamic resistance in place, while the pair moves along a steep descending trendline. Likely Scenario: If …<\/p>\n","protected":false},"author":9,"featured_media":121497,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[6889,7770],"class_list":["post-121487","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-cad","tag-fomc-minutes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121487"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121487\/revisions"}],"predecessor-version":[{"id":121502,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121487\/revisions\/121502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/121497"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Headline risk is elevated. Use prudent sizing and firm stops; reassess quickly if these trigger levels give way.<\/p>\n\n\n\nS1: <\/strong>1.3770<\/td> R1: <\/strong>1.3910<\/td><\/tr> S2:\u00a0<\/strong>1.3720<\/td> R2: <\/strong>1.4010<\/td><\/tr> S3: <\/strong>1.3625<\/td> R3: <\/strong>1.4055<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n