USDCAD 23.12.2025
General Trend:
The broader trend remains bearish after a decisive break of key support levels.
Technical View:
Any upside move so far looks corrective unless price regains stability above 1.3850.
Scenarios:
Bullish: Reclaiming 1.3850 could trigger a move toward 1.3950.
Bearish: Sustained trading below 1.3720 opens the way toward 1.3650.
Key Levels:
Resistance: 1.3850 – 1.3950
Support: 1.3720 – 1.3650
Bottom Line:
Selling pressure remains dominant, with rallies viewed as corrective.
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