USDCAD Daily Analysis – February 11, 2019

USDCAD’s upside movement from 1.3068 extended to as high as 1.3329. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Support is at 1.3230, a breakdown below this level could trigger another fall towards 1.3100.

USDCAD 4-hour chart