Thoughts on CAD's Tight Range

Hey everyone,

Been looking at $CAD today and it's been remarkably quiet, practically glued to the 95.879 mark. That kind of tight consolidation always gets my attention, often preceding a move, but the challenge is always figuring out which way.

From a technical perspective, this feels like a coiled spring. If we see a decisive break above, say, 96.00, it could signal some pent-up bullish pressure coming out. Conversely, a drop below 95.80 on any volume could open up some downside. The risk here, of course, is that it just continues to chop around this level for a while longer, grinding down enthusiasm before any real direction emerges. Just my two cents, interested to hear if anyone else is seeing anything significant on the $CAD charts.