币界网报道：USDCAD extended its decline today, falling to a fresh intraday low and retesting the key support of 1.3617 - last week's low. Downward momentum accelerated after the pair failed to hold above the 100-hour and 200-hour moving averages earlier in the day, with bears regaining control and limiting upside attempts. The move came as fresh optimism emerged around the prospects of a renewed US-Canada trade deal following Canada's decision to withdraw its proposed digital services tax. The removal of this tax, previously a major source of tension, opens the door to resuming trade talks, helping to boost sentiment towards the Canadian dollar and exerting downward pressure on USDCAD. Technically, the 1.3617 level provides initial support. A break below this area would increase bearish momentum, exposing the next downside target at 1.3591, followed by the 2025 low of 1.3539 (also the lowest level since October 2024). On the upside, immediate resistance is at 1.3651 – the high of the broken swing range. Beyond that, the 50% midpoint of the June range at 1.3668 will also be in focus. Key Support Levels: 1.3617 – Last week’s low (first support level) 1.3591 – Minor swing level 1.3539 – 2025 year low and lowest level since October 2024 Key Resistance Levels: 1.3651 – Swing range high 1.3668 – 50% retracement of the June range 1.3686 – 100 hour moving average 1.3703 – 200 hour moving average As long as below resistance, the bias remains tilted to the downside. A break below 1.3617 will shift the focus to the yearly low. Reclaiming 1.3668 will ease some of the immediate bearish pressure.