USD/CAD: Bullish Breakout Confirmed! Eyes on 1.4100USD/CADOANDA:USDCADLingridThe Dollar is flexing its muscles against the CAD. After a long period of "down-only" macro price action, the structure has shifted, and we are now looking at a clear trend reversal. The Macro Shift 🗺️ The long-term descending structure that dominated early 2026 has been shattered. The Breakout: USD/CAD broke out of its macro downtrend in March, signaling that the bulls are back in the driver's seat. Momentum: We’ve moved from a bearish "lower high" sequence to a new bullish expansion. The Setup: Buy the Dip 🧩 Local Wedge: Within the new uptrend, we are seeing a sharp Wedge Pattern (rising channel) that is guiding the price higher. The Support Zone: Price is currently retracing toward the blue Support Box near 1.3850. This is the prime "buy zone" where the local trendline meets horizontal structural support. The Retest: This pullback is healthy—it’s a classic move to shake out weak hands before the next impulse. The Roadmap 🎯 The trajectory is clear as long as we hold the support box: The Target: The Resistance Line at the top, currently sitting at 1.4100. The Rationale: This level represents a major historical ceiling that hasn't been tested in months. Invalidation: A sustained daily close below 1.3750 would break the local wedge and put the bullish thesis on ice.