USD/CAD Faces Resistance as Brief Break Above 100-Day Moving Average Fails to Hold
USD/CAD briefly broke above the 100-day moving average near 1.3666, hinting at bullish momentum, but price quickly reversed—underscoring persistent struggles to sustain gains. Key resistance around 1.3685–1.3700 remains intact, keeping the short-term bias cautious. A decisive break above these levels is needed to shift outlook; otherwise, bears may retest the 200-day MA near 1.3516. #Forex #USDCAD #TechnicalAnalysis