The (USDCAD) price declined in its last intraday trading, due to the stability of the current resistance at 1.3750, attempting to gather the gains of its previous rises, and offloading its clear overbought conditions on the (RSI), especially after the emergence of the negative signals from there, to gather its positive strength that might assist it to breach the mentioned resistance.

This comes amid the price trading alongside a bullish correctional trend line on the short-term basis, which supports the continuation of its trading above EMA50, which prevents revering the bearish scenario.