USDCAD: waiting for breakoutUnited States Dollar vs Canadian DollarTICKMILL:USDCADTrade8Eight🛠 Technical Analysis: On the 4-hour timeframe, USDCAD is holding a constructive bullish structure after rebounding from the 1.3500 support zone and reclaiming the local moving-average cluster. Price is now trading above the SMA 50, SMA 100, and SMA 200, which keeps the medium-term bias tilted to the upside. At the same time, the pair is approaching the 1.3700–1.3750 resistance region, where several previous rallies have already stalled. The chart suggests that a brief pullback toward 1.3650 remains possible before the next directional move, especially as the market waits for fresh macro catalysts. As long as price stays above the 1.3630–1.3650 area, this dip would still look like a retest rather than a bearish reversal. A confirmed breakout above 1.3750 would strengthen the bullish continuation case and shift focus toward 1.3900. ——————————————— 📌 Market Overview: USDCAD remains constructive above the moving-average cluster, but the main trigger for a stronger upside move may come only after tomorrow’s Bank of Canada and Federal Reserve decisions. ——————————————— ⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.