USDCAD Daily Analysis – June 29, 2018

USDCAD broke below 1.3259 support, suggesting that the upside movement from 1.2856 had completed at 1.3385 already. Deeper decline could be expected in the coming days and next target would be at 1.3100 area. Resistance levels are at 1.3300 and 1.3385, only break above these levels could trigger another rise towards 1.3500.

USDCAD 4-hour chart