On the M15 timeframe for USD/CAD, the recent price action reveals a bullish consolidation following a corrective phase. The last three candles show a series of higher closes, with the most recent close at 1.41941 forming a key support level. Volume spikes on the entry candle (1782468900) and subsequent bars indicate strong buying pressure, validating the potential for a reversal. The pair has been trading between 1.41803 and 1.42026, with the current close near the lower end of this range, suggesting a possible breakout. The structure shows a bullish pattern with the close above the prior low, indicating momentum shift.…

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