USDCAD Daily Analysis – January 22, 2019

USDCAD is facing 1.3322 resistance once again, a break of this level could take the price to next resistance level at 1.3400. Support is at 1.3179, below this level would indicate that the downtrend has resumed, then further decline towards 1.3100 could be seen.

USDCAD 4-hour chart