Signal USDCAD Buy — H4 - June 3, 2026 02:27 GMT-4
The H4 chart of USDCAD displays a strong bullish breakout above the key resistance level at 1.3852, marked by a close above this level following a consolidation phase. The recent candles show a consistent upward trend, with the price hovering near the high of 1.3852 and closing above it, indicating potential momentum. Volume spikes in the breakout candle (12041) confirm robust buying pressure, aligning with the signal's buy direction. The consolidation prior to the breakout suggests a setup where price is likely to extend the move toward the TP level, which sits above the recent high. The SL at 1.38125…