The H4 chart for USDCAD is showing a bullish trend, with the price forming higher highs and higher lows since the start of the candle window. The recent candlestick pattern, a bullish engulfing, suggests a strong buying interest. The momentum is in favor of the buyers, as indicated by the increasing volume and the RSI trending upwards. The price is also approaching a key resistance level at 1.3700, which could lead to a breakout. Given the technical context, this BUY signal is justified, as the entry point at 1.36354 is near a support level, and the stop-loss at 1.35795 is…

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