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01.09.2025 10:13 AM
The Loonie is testing its Pivot Resistance. If it fails to break through, then it has the potential to continue the decline. Monday, September 01, 2025.

[USD/CAD] – [Monday, September 01, 2025]

With the EMA(50) condition below the EMA(200) as well as the RSI at a neutral bearish levels, it has the potential to continue its decline today.

Key Levels

1. Resistance 2: 1.3801.

2. Resistance 1: 1.3772.

3. Pivot: 1.3748.

4. Support 1: 1.3719.

5. Support 2: 1.3695.

Tactical Scenario

Pressure Risk Zone: If the price breaks down and closes below 1.3719, the Loonie will continue its decline to 1.3719.

Momentum Extension Bias: If the 1.3719 level is successfully broken and closes below it, USD/CAD has the potential to weaken to 1.3666.

Invalidation Level / Bias Revision

Downside bias is maintained if the price strengthens and breaks through and closes above 1.3801.

Technical Summary

EMA(50): 1.3742.

EMA(200): 1.3779.

RSI(14): 47.13.

Economic News Release Agenda:

Neither Canada nor the United States will release any economic data today.

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