USDCAD Daily Analysis – July 13, 2018

USDCAD failed to break above 1.3224 resistance and stays in a trading range between 1.3063 and 1.3224. However, another rise to test 1.3224 resistance is still possible and a breakout of this level could trigger further upside movement towards 1.3350. Support is at 1.3130, below this level could bring the price back towards 1.3063 previous low.

USDCAD 4-hour chart