USD/CAD Loses Momentum as Bearish Trend Persists Amidst Stalled Bullish Attempts
USD/CAD continues to face persistent bearish pressure as bullish momentum stalls below key resistance at 1.3600. Technical indicators and price action suggest a likely move toward support near 1.3480, with further downside possible if that level breaks. Oil price resilience and the Bank of Canada’s steady policy stance support the Canadian dollar, reinforcing the current bearish trend.
Analysis credit: Economies.com – September 3, 2025. #forex #USDCAD #trading
