Loonie has broken major support 1.4450 and declined till 1.44393 at the time of writing. It is currently trading around 1.4418.
Short term trend is slightly as long as resistance 1.4545 holds.
On the lower side any break below 1.4450 will drag the pair till down till 1.3850/1.3000 in short term.
The pair’s minor resistance is around 1.4490.Any break above resistance 1.4545 will take the pair to next level around 1.4600/1.4640.
It is good to sell on rallies 1.4450-55 with SL around 1.4505 for the TP of 1.4385/1.4300