USD/CAD Rally Exhausted? Bears Eye a Deeper PullbackUSD/CADOANDA:USDCADYCGH_CapitalUSD/CAD has completed an impulsive rally into a premium pricing zone and is beginning to show signs of exhaustion. With momentum slowing near the highs, the current structure favors a corrective move before any meaningful continuation. A brief push higher remains possible to sweep nearby liquidity, but unless buyers establish acceptance above the current highs, the path of least resistance remains to the downside. Technical Outlook • Strong bullish expansion has reached a premium area. • Price is consolidating near the highs after an impulsive move. • A final liquidity sweep higher is possible before reversal. • The broader expectation remains a bearish retracement toward lower liquidity. Levels to Watch 🔹 Resistance: 1.4235 to 1.4240 🔹 Invalidation: Sustained acceptance above recent highs. 🔹 First Target: 1.4215 🔹 Extended Target: 1.4195 Patience around premium pricing often pays. Let liquidity be taken, wait for confirmation, and trade with the flow rather than against it.