The H4 chart of USDCAD reveals a bullish structure forming near the recent high of 1.38583, with the latest close at 1.38526 consolidating above key support levels. The price has been building momentum through higher highs and lower lows, indicating a strong uptrend. Volume spikes in the last two candles (1780329600 and 1780344000) confirm buyer interest, with the most recent surge exceeding 23,833 units. The current close at 1.38526 aligns with the bullish breakout pattern, suggesting a potential continuation of the rally. Resistance at 1.38583 remains intact, but the price has shown resilience in recent sessions, with volume maintaining strength.…

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