On the M5 chart of USDCAD the market is caught in a tight range around 1.4230‑1.4245. Recent candles show a series of lower highs, with the last four bars (1.42410‑1.42406‑1.42395‑1.42406) failing to push above the 1.4240 resistance. Volume, while modest, spikes on the 1.42410 bar (≈230 contracts) and recedes on the following pull‑back, suggesting that buying pressure is weakening and sellers are stepping in. The price now sits just below the short‑term ceiling, making a sell entry at 1.42307 logical. The stop is placed a few ticks above the resistance to protect against a false breakout, while the target at…

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