Signal USDCAD Buy — H4 - May 4, 2026 19:21 GMT-4
The H4 chart for USDCAD is showing a bullish trend, with the price breaking above the 1.3620 resistance level. The momentum is increasing, as evident from the rising highs and lows. The volume is also supporting the move, with an increase in trading activity. This suggests that the buyers are in control, and the price is likely to continue higher. The recent candlestick formation indicates a potential breakout, with the price testing the 1.3710 level. Given the current trend and momentum, it is likely that the price will reach the target of 1.37162. The stop-loss at 1.3568 is a reasonable…