USD/CAD Intraday Signal: Under Pressure Below 1.4025
USD/CAD remains under bearish pressure while trading below the pivot resistance at 1.4025. Sellers continue to dominate the short-term structure, targeting downside levels at 1.3990 and 1.3975 in extension. The pair’s repeated failure to break above 1.4025 highlights persistent supply in this zone, keeping the intraday bias negative.
Momentum indicators confirm the bearish setup — the RSI is softening below its midline, while price action continues to form lower highs, signaling controlled downward movement. A decisive break below 1.3990 would open the door toward 1.3975, strengthening the bearish continuation scenario.
Alternatively, a move above 1.4025 would neutralize immediate downside pressure and allow for a short-term recovery toward 1.4040 and 1.4060 before sellers likely return.
Trade Setup:
Enter: Short below 1.4025
Stop-Loss (SL): 1.4040
Target A: 1.3990
Target B: 1.3975