Thoughts on USDCAD at 1.4016 – a key pivot

Watching $USDCAD very closely around the 1.4016 level; it feels like a significant pivot point, and a sustained break either side could set the tone for the next several weeks. A clear push above 1.4018 could open up considerable upside, but a strong rejection and close below 1.4002 would definitely invalidate that bullish scenario for me.