USDCAD Daily Analysis – December 20, 2018

USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3253. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.3550 area. Only a clear break below the trend line support could signal completion of the uptrend.

USDCAD 4-hour chart