The USDCAD pair has exhibited a clear bullish trend on the H4 timeframe, with recent candles showing consecutive higher highs and higher lows. Price consolidation near the critical high of 1.3852 has been marked by increasing volume, indicating strong buying interest. The recent close at 1.38446 aligns with the upper boundary of this consolidation, suggesting potential for a breakout. A bullish setup is formed by the price testing resistance at 1.3852 and holding above the key support level of 1.38027, which has acted as a floor for the recent pullback. The current structure reflects positive momentum, with volume spikes confirming…

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