USDCAD: A Market Worth WatchingUS Dollar vs. Canadian DollarFX:USDCADdarlwright📅 June 19, 2026 USDCAD has been on an impressive run. For the past six weeks, this pair has been in a strong bullish trend with virtually no meaningful pullbacks. In fact, all but one of the recent daily candles have closed bullish, highlighting just how much buying pressure has been behind this move. Now, price is approaching a major resistance zone and the structure is beginning to show the possibility of a Triple Top pattern. That alone is enough to put this market on the watchlist. But it's not enough to take a trade. The Daily Momentum Indicator is currently very high and has started to flatten out. Often, that flattening is the first sign that momentum may be preparing to hook lower, but we're not there yet. This is where patience becomes important. What we're looking for next: ✅ Rejection at resistance ✅ A bearish momentum hook ✅ VMS 2.0 alignment ✅ Confirmation before entry The market is approaching an area where something interesting could happen, but until all the pieces come together, there is no trade. One of the easiest mistakes traders make is seeing resistance and immediately trying to pick a top. That's not our job. Our job is to wait for the market to show us that buyers are losing control and sellers are beginning to take over. For now, USDCAD remains a watchlist market. Watch it closely. Respect the trend. Wait for the signals. Patience before participation. #USDCAD #Forex #Trading #PriceAction #ForexEducation #VMSStrategy