USDCAD Daily Analysis – February 15, 2019

USDCAD broke above 1.3329 resistance, suggesting that the upside movement from 1.3068 has resumed. Further rise could be expected in the coming days and next target would be at 1.3450 area. Key support is at 1.3195, only a breakdown below this level could signal completion of the uptrend.

USDCAD 4-hour chart