The USD/CAD currency pair continues to trend downward after facing resistance at 1.48 in February. Currently, it is breaking below the 200-day moving average, sliding back into a well-established multiyear trading range. Although there was a brief rebound near the 1.3825 mark, a failure to reclaim the 1.4000-1.4025 zone could reinforce a broader downtrend, potentially leading toward levels near 1.3745 and lower, as reported by analysts from Societe Generale.