USDCAD Bearish Rejection at ResistanceUSD/CADOANDA:USDCADApex_Legends USDCAD is trading inside a well-defined resistance zone after failing to sustain its recent bullish momentum. Price has repeatedly rejected the highlighted supply area, signaling strong selling pressure. A bearish rejection from the current resistance could trigger a move toward the first support level around 1.4160. If sellers maintain control and price breaks below that support, the next downside target is near 1.4100. The bearish outlook remains valid while price stays below the highlighted resistance zone. A confirmed breakout above resistance would invalidate the bearish setup. 🎯 Key Levels: * 🟥 Resistance Zone: 1.4220 – 1.4240 * 🟦 1st Support: 1.4160 * 🟦 2nd Support: 1.4100 * 📉 Bias: Bearish below resistance