USDCAD: Bearish Trend, 1.3840 in FocusUSD/CADOANDA:USDCADParadise_NoirUSDCAD maintains a clear bearish structure on the H4 timeframe, characterized by a series of lower highs and repeated rejections at the bearish trendline. The fact that the price is currently trading below the Ichimoku Cloud further indicates that sellers remain in control. The 1.3916 level is a key near-term resistance to watch. Should the price attempt a rebound but fail at this level, I expect selling pressure to return and drive USDCAD down to the psychological support zone at 1.3840. From a fundamental perspective, if the USD weakens while the CAD finds support from oil prices or "risk-on" sentiment, this would further reinforce the bearish outlook for the pair. Main Trend: Bearish | Resistance: 1.3916 | Target: 1.3840