USD/CAD failed to break above the resistance of the falling trend line on the 4-hour chart and pulled back from 1.4140.
USD/CAD failed to break above the resistance of the falling trend line on the 4-hour chart and pulled back from 1.4140. Deeper decline is still possible and next target would be at 1.3849 support. Near term resistance is at 1.3980, a break of this level could trigger another rise towards the trend line.
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