USD/CAD Through 1.38598 as Structure Tightens

Research preview

Market Decision Area USDCAD is trading near 1.38700 with a constructive but still confirmation-led profile; the useful edge is in the reaction around levels, not in chasing the headline move. Price is trading below the daily pivot at 1.38890, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 1.38598 / 1.38505 / 1.36712, while the resistance band is 1.38805 / 1.38899 / 1.38990. Daily R1 at 1.39168 and S1 at 1.38680 define the first tactical range. Internal models have flipped from Sell to Strong Sell for USD/CAD. The shift puts downside continuation in focus, with price near 1.38384, the one-day change at -0.44%,...