USDCAD Daily Analysis – November 9, 2018

USDCAD broke above 1.3169 resistance, suggesting that the uptrend from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3250 area. Key support is at 1.3048, only a breakdown below this level could signal completion of the uptrend.

USDCAD 4-hour chart