Core Insights - The December Canadian dollar futures are presenting a selling opportunity due to recent price weakness and potential technical breakdowns [1][4] - The Canadian economy's reliance on natural resources, particularly crude oil, natural gas, and metals, is impacting the Canadian dollar's performance against the U.S. dollar [3] Technical Analysis - Recent price drops in December Canadian dollar futures are just above key technical support levels, with a bearish MACD crossover indicating further downside potential [2] - A breach of the August low at 0.7220 would empower bearish sentiment and create a selling opportunity, with a downside target of 0.7050 or lower [4] - Technical resistance is identified at 0.7300, where protective buy stops could be placed [4]