Signal USDCAD Buy — H4 - June 2, 2026 19:46 GMT-4
On the H4 chart of USD/CAD, the market has been carving a clear higher‑high, higher‑low structure since the early May swing. The most recent bullish bar closed near the top of the 1.384–1.386 range, while the preceding candle produced a noticeable volume surge (≈20k contracts) that confirmed the upward push. Resistance at the prior swing high has now been breached, and the price is holding above that level, suggesting a continuation bias. The next structural hurdle lies around the 1.386‑1.388 zone, with a broader target near the 1.393 psychological level. A stop just below the last swing low provides a…