The H1 chart of USDCAD shows a consolidation phase near the key support level at 1.41788, with recent closes hovering around 1.41924. The prior candles exhibit a range-bound structure, but the last three candles close above the previous support, suggesting a potential bullish reversal. Price has formed higher lows and higher highs, indicating a shift in momentum. The entry candle (1.41971) opens near the upper end of the consolidation range, with volume at 3567, which is moderate but confirms the strength of the breakout. The current setup aligns with a bullish bias as the asset tests and holds critical support,…

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