USD/CAD Plunges Below Critical Support as Broader Market Trends Promote Bearish Sentiment
USD/CAD has slid below the critical 1.3600 support level, signaling growing bearish momentum amid shifting oil prices, divergent Fed and BoC policies, and evolving risk sentiment. Technical indicators confirm selling pressure, pointing to further downside potential as traders eye key support near 1.3500. Market watchers should stay alert to upcoming economic data and central bank signals shaping the pair’s next moves. Analysis adapted from EconoTimes FXWirePro.
