USD/CAD Remains Under Pressure Near 1.3685

Today's expected range for the Canadian Dollar against the major currencies:

US Dollar        1.3560-1.3810

Euro                 1.5990-1.6240

Sterling            1.8370-1.8620

WTI Oil (opening level) $58.19

The CAD/USD is opening at 1.3688 ( 0.7306 )

USD/CAD trades steadily near 1.3685. The 20-day Exponential Moving Average (EMA) trends lower and stands above spot, keeping the broader bias bearish as rebounds stall beneath the average. The upside is capped by the 20-day EMA at 1.3777.

The 14-day Relative Strength Index (RSI) at 30.6, near oversold, reflects heavy bearish momentum.

With price holding below the descending average, the short-term tone remains pressured. The price could extend the decline towards 1.3543 if it breaks below Friday's low of 1.3640.