USDCAD Daily Analysis – November 30, 2018

USDCAD remains in the uptrend from 1.2782 (Oct 1 low). As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3400 area. Key support is at 1.3181, only a breakdown below this level could signal completion of the uptrend.

USDCAD 4-hour chart