On the H1 chart for USD/CAD, the price has been consolidating near key resistance levels following a bullish rally. The recent candles show a decline from the high of 1.42218, with the close at 1.42179 failing to hold above the prior high. This suggests a potential bearish reversal, supported by the formation of a descending trendline connecting higher lows and the recent close below the 1.4218 level. Volume remains moderate, but the last few candles exhibit lower volume, indicating weakening bullish momentum. The current close near 1.4218 aligns with a key support level, which may act as a trigger for…

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