USD/CAD Setup _ Bearish Momentum BuildingUS Dollar/Canadian DollarFX:USDCADTrend_logicThe USDCAD 45-minute chart shows a clear downtrend, with price breaking below a rising channel and retesting a previous support-turned-resistance zone. A bearish breakout has occurred, indicating strong selling momentum. The confluence of trendline resistance and horizontal zone rejection reinforces the bearish bias. Price action has failed to sustain above the marked resistance, suggesting further downside. The setup is based on a break-and-retest strategy, favouring short positions as long as price remains below the resistance zone. Entry: 1.37200 1st Target: 1.36480 2nd Target: 1.36190