On the H1 chart of USD/CAD, the pair has been climbing from the 1.416 region to a fresh high near 1.424 over the last 48 hours. The ascent was supported by steady volume, but the last three candles have failed to push above the 1.424‑1.425 ceiling, producing lower highs and a modest decline in volume, indicating weakening bullish momentum. The 1.424 level now acts as a clear resistance, while the 1.419‑1.418 zone offers the nearest strong support, previously tested during the earlier pull‑back. A sell entry around 1.4237 aligns with the breakout failure, the stop just above the resistance, and…

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