USDCAD: Bullish Reversal from Demand Zone 1.37800USD/CADOANDA:USDCADMike_Forex_BTCUSDCAD: Short-Term Bullish Reversal Building From the 1.3755-1.3775 Demand Zone USDCAD is showing signs of a short-term bullish reversal after a strong decline. Price has reacted from the 1.3755-1.3775 demand zone, where buyers have stepped in and started pushing the pair higher. The recent recovery suggests that the bearish momentum may be losing strength, with price now attempting to build a new bullish structure. Key Levels: 🔵 Demand Zone: 1.3755 – 1.3775 🎯 Target 1: 1.3850 🎯 Target 2: 1.3885 📈 Bias: Bullish while price holds above the demand zone If the rebound continues and price holds above the current support area, USDCAD could move toward the next resistance zones at 1.3850 and 1.3885. As long as price remains supported above the 1.3755-1.3775 zone, the bullish scenario remains valid. Be careful, though — the market isn't showing clear direction right now, so this is a risky situation. You can find more details on the chart.