USDCAD Weekly Analysis – October 6, 2019

USDCAD moved sideways in a trading range between 1.3133 and 1.3382 for several weeks. Support is at 1.3133, a breakdown below this level could trigger another downside movement towards 1.2900. Resistance is at 1.3382, a break of this level could take the price to 1.3500 zone.

USDCAD daily chart