USDCAD — Range Near Resistance

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USDCAD — Range Near ResistanceUS Dollar/Canadian DollarFX:USDCADkacrajUSDCAD is currently trading within a range structure and approaching the upper resistance zone. Price has recovered from the structural base and formed higher lows, but remains below resistance. The current move reflects range behaviour rather than confirmed expansion. At this stage, the market is in a decision phase. Strength toward resistance is visible, but acceptance above the zone is required for continuation. Structure: Range / Transition Location: Upper range, near resistance zone (1.45–1.48) Behaviour: Range behaviour with resistance proximity Continuation: Acceptance above resistance allows expansion Invalidation: Rejection at resistance may rotate price toward pivot RAJ – Market Structure Analyst Structure → Level → Trigger → Probability Educational purpose only. Not investment advice. #MarketStructure #PriceAction #TradingEducation #TechnicalAnalysis #ForexAnalysis #USDCAD #TradingView