Traders are generally concerned about the potential impact of tariffs on August 1st, and bearish sentiment on the Canadian dollar continues to intensify. Based on volume and price performance, US dollar bulls continue to increase their positions, while the Canadian dollar lacks substantial positive support. The RSI is at a mid-to-high level but not yet extreme, indicating that while bullish sentiment prevails, the market remains cautious about breaking through key resistance levels. Analysts believe that if there is no substantial progress in trade negotiations, bearish sentiment on the Canadian dollar is likely to persist, making the exchange rate more likely to rise than fall.#SharingTradingMistakesAndGrowth