On the H4 timeframe for USDCAD, the price has formed a bullish structure with consecutive closes above key support levels around 1.3800, indicating strong buying pressure. The recent high at 1.3858 acts as a critical resistance, with price consolidating near this level after a series of higher lows. Volume has remained elevated in the last few candles, confirming the strength of the bullish trend. The current setup suggests a potential breakout above 1.3858, which could trigger a move toward the upper trend line. The pair has shown resilience in holding above the 1.3800 area, with the recent close at 1.38536…

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