USDCAD Daily Analysis – April 29, 2019

USDCAD is in consolidation for the uptrend from 1.3274. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected to resume, a break of 1.3520 resistance could trigger another rise to 1.3600 area. Only a breakdown below the trend line support could signal completion of the uptrend.

USDCAD 4-hour chart