“USDCAD Deepens Decline – Market Analysis (29/01/2026)”

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The USDCAD pair declined in its latest intraday trading, confirming a break below the 1.3565 support level. This move comes amid the dominance of the primary bearish trend, with price action aligned with a steep short-term downward trend line. Continued trading below the EMA50 maintains negative pressure, while relative strength indicators have begun to generate bearish signals after easing out of oversold conditions—opening the door for further losses in the near term.

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