The $USDCAD has climbed to the 127% extension level, a significant confluence area, accompanied by highly divergent relative strength indicators. This suggests a potential slowdown in momentum as the pair approaches a critical resistance zone. The 1.4230-1.4250 range will be crucial for determining the next direction of price action. A sustained break above this level could signal further upside, while rejection here may lead to a pullback as traders assess the divergence and broader market conditions.