The USDCAD pair has been consolidating within a bullish channel on the D1 timeframe, with recent closes hovering around 1.3800-1.3820. The last three candles show a gradual upward trend, with the close at 1.38006 near the support level of 1.36808, which has acted as a critical floor since the 2026-03-04 low. The high of 1.38203 (previous candle) aligns with the entry level, suggesting potential for a breakout. Volume has been moderate, with a notable dip in the latest candle (38,342), indicating possible accumulation ahead of a move. Price action near the support level, combined with the recent bullish consolidation, suggests…

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