USD/CAD is once again testing the support at the 55-day moving average, and with the weakening of the USD, the exchange rate is facing downward pressure. If this support is broken, it may further drop to the 1.43 level, but the key support area is between 1.4180 and 1.4200. Against the backdrop of a weakening USD, the CAD is relatively benefiting limitedly, mainly due to the impact of the USA's tariff policies on the Canadian economy, which may restrict the downward space of USD/CAD. The OECD has lowered Canada's economic growth forecast for 2025/26 from 2% to 0.7%, highlighting the uncertainty in the economic outlook. The importance of future Canadian economic data will increase, helping to assess the impact of tariffs and guide the policy actions of the Bank of Canada. The resistance level for USD/CAD is at 1.4450-1.4500.