USDCAD Price Update – Clean & Clear ExplanationUS Dollar vs CanadianICMARKETS:USDCADPintu_sahu01USD/CAD has confirmed a bullish Break of Structure (BOS) after breaking above a key resistance zone, indicating that buyers have regained control. The pair continues to print higher highs and higher lows, supported by a strong ascending trendline, which reflects sustained buying momentum. The recent breakout above the supply zone suggests that the market is targeting higher liquidity. If price pulls back, the previous resistance area is expected to act as a new support zone, providing an opportunity for buyers to re-enter before the next bullish expansion. As long as USD/CAD remains above the breakout level, the overall outlook stays bullish, with the potential for further upside toward the next resistance and liquidity targets. However, a sustained move below the key support zone could invalidate the current bullish structure and trigger a deeper correction. Overall, the market sentiment remains positive, and the bullish structure is still intact. Traders should monitor price action around the breakout zone for confirmation before looking for continuation setups. Only a sustained move below the key support area would weaken the current bullish outlook and suggest a deeper corrective move. This analysis is shared for educational purposes only and should not be considered financial advice.