“USD/CAD approaches a potential breach of critical support – Analysis – 05-12-2025”

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“The USD/CAD pair saw choppy movement in its latest intraday session as the key support level at 1.3940 held firm, generating enough bullish momentum to trigger a brief rebound. However, the pair remains under sustained negative pressure, trading below the EMA50 and within the dominance of a steep short-term bearish wave. This is further reinforced by negative signals emerging on the relative strength indicators after the pair recently touched overbought levels.”

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