The USDCAD D1 chart shows a bearish setup with a recent high of 1.39453 and a subsequent decline to 1.38295. The recent close below 1.383 suggests a potential continuation of the downward trend. Volume has been supportive, with higher volumes during the rallies, indicating buying interest. The current signal at 1.38257 is supported by the trend and a potential break below key support at 1.383. The setup aligns with a sell signal as price is testing recent lows, and the SL at 1.39267 provides a buffer. TP at 1.35572 offers a reasonable risk-reward ratio, given the current trend. Our signal…

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