USDCAD Weekly Analysis – November 3, 2019

USDCAD failed to break below 1.3015 support and rebounded from 1.3041, suggesting that lengthier sideways movement in a trading range between 1.3015 and 1.3382 is underway. Further rally would likely be seen and the target would be at 1.3300 area.

USDCAD daily chart