FX.co ★ crystal66 | USD/CAD

For the pair USD/CAD on the H1 timeframe. The pair is trading above the day's opening level of 1.3780 and near the daily Pivot level of 1.3808. The main indicators show a bearish trend and the price is below the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3808, the price will move towards the level of 1.3828 and potentially to the level of 1.3840 and higher. Below the level of 1.3808, the pair will continue its descent towards the level of 1.3791 and potentially to the level of 1.3776 and lower. The pair is trading above the monthly Pivot level of 1.3702 (previous 1.3801), above the weekly Pivot level of 1.3791, and near the daily Pivot level, indicating a bullish sentiment for the pair. The current pivot level for this session is 1.3808. The first resistance level is at 1.3829, with the first support at 1.3791.