USDCAD Daily Analysis – December 18, 2017

USDCAD is facing 1.2916 resistance once again. A breakout of this level could trigger further upside movement towards 1.3100. Near term support is at 1.2800, a breakdown below this level could bring price back to next support level at 1.2713. Below here would aim 1.2623 support.

USDCAD 4-hour chart