USDCAD – Bearish Distribution Setup...USD/CADOANDA:USDCADXAUxBTC_ProUSDCAD – Bearish Distribution Setup 📉 USDCAD is showing a potential bearish continuation after a clear buyer trap and liquidity sweep near the recent highs. The manipulation phase was followed by strong selling pressure, while the distribution zone suggests smart money may be preparing for a deeper move lower. Price is currently reacting around the FVG area. As long as this supply zone holds, the market may continue toward the highlighted target zone. Technical Outlook: Buyer trap and liquidity sweep completed Strong rejection from resistance Distribution phase in progress FVG acting as a supply zone Bearish bias below resistance Targets: 🎯 TP1: 1.3760 🎯 TP2: 1.3720 🎯 TP3: 1.3680 Invalidation: ❌ A strong bullish close above the FVG and distribution zone would weaken the bearish outlook. USDCAD is showing signs of bearish continuation after a liquidity sweep and buyer trap at resistance. The distribution phase, combined with rejection from the FVG zone, suggests sellers remain in control. As long as price stays below the supply area, the pair may continue lower toward 1.3760, 1.3720, and 1.3680. Traders should wait for confirmation and apply proper risk management before entering any position. 📉🔥