![Rebounds off key support, as the downtrend remains suspect Rebounds off key support, as the downtrend remains suspect](https://shmi.ir/wp-content/uploads/2023/09/Rebounds-off-key-support-as-the-downtrend-remains-suspect-150x203.jpg)
[ad_1] Share: USD/CAD stalls its downtrend, finding support at 1.3489, just above the 200-day Moving Average, and trades 0.14% higher. If the pair sustains above 1.3489, it could target resistance levels at 1.3550, 1.3580/90, and the psychological 1.3600 mark. A break below 1.3489 could signal a bearish resumption, exposing the 200-DMA at 1.3463