USDCAD Daily Analysis – December 19, 2017

USDCAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area. Support is at 1.2800, below this level could bring price back towards 1.2713 support. A breakdown below this level could trigger further downside movement to test 1.2623 support.

USDCAD 4-hour chart