USDCAD Breakout Retest Keeps Bullish Structure Intact

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USDCAD Breakout Retest Keeps Bullish Structure IntactUS Dollar/Canadian DollarFX:USDCADBitsounisProjectUSDCAD recently broke out of a long consolidation phase and delivered a clean retest around the 1.38238 level, keeping the bullish market structure active for now. However, I would like to see a confirmed shift in momentum below 1.38200 before considering any bearish scenario. Until that confirmation appears, the main focus remains on looking for long opportunities in line with the current trend. As long as price continues holding above the breakout zone, buyers may maintain control and push the pair toward higher levels. A sustained hold above support keeps the breakout continuation scenario valid. This analysis is for educational purposes only and does not constitute financial advice.