USD/CAD Market Structure AnalysisUSD/CADOANDA:USDCADMarketStrategysignals📊 USD/CAD Market Structure Analysis – Bearish Continuation into Demand Zone ⚡ The chart presents a clean market cycle transition from accumulation to distribution, followed by a clear bearish leg. Here's the professional breakdown: 🔍 Market Structure Overview Price initially moved in a range phase, showing accumulation behavior. A bullish breakout followed, forming a strong uptrend with higher highs and higher lows 📈 Price reached a major resistance zone, where buying momentum weakened. 🚨 Reversal & Bearish Shift At resistance, the market formed a distribution structure (multiple rejections). A clear trend shift occurred → structure broke downward. The market transitioned into a bearish trend with consistent lower highs and lower lows 📉 🟡 Current Price Location Price is now approaching a key demand zone (strong historical support). This area aligns with previous liquidity and reaction points — high probability zone. 🎯 Trade Expectation Short-term: Possible reaction/bounce from demand zone 🔄 If buyers step in: Target → 1.3760 zone (previous support turned resistance) If demand fails: Expect further downside continuation toward lower support ⚠️ Key Levels 🔴 Resistance: 1.3950 – 1.4000 🟢 Target: 1.3760 🟡 Demand Zone: ~1.3600 – 1.3650 💡 Conclusion The market is currently bearish overall, but entering a high-probability demand zone. Watch for confirmation (rejection, bullish candles, or structure shift) before considering long positions.