USDCAD Wave Analysis – 14 March 2025

USDCAD: ⬇️ Sell

– USDCAD reversed from key resistance level 1.4500

– Likely to fall to support level 1.4300

USDCAD currency pair recently reversed from the key resistance level 1.4500, which has been reversing the price since the middle of January.

The resistance level 1.4500 was further strengthened by the intersecting upper daily Bollinger Band.

Given the strength of the resistance level 1.4500 and the bearish US dollar sentiment seen today, USDCAD currency pair can be expected to fall to the next support level 1.4300.