USDCAD to continues its Up-move above 1.4248?

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Price is forming a temporary sideways consolidating structure bounded by support at 1.4144 & resistance at 1.4248, breakout can lead to the continuation of super bullish move which was started on 1st may 2026 and has already broken 2 significant highs 1.3967 & 1.4140.
At the confluence of bullish trendline and horizontal support (1.4158) a strong bullish push is expected.

According to the price structure on higher time frames outlook for, near to midterm is bullish (Please refer to the related publication for the reference), hence bullish trades should be preferred.

Summary: Breakout above 1.4248 will lead to continuation of the up-move. can plan for fresh entries.

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.

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