USDCAD Daily Analysis – June 14, 2019

USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3240. As long as the channel support holds, the uptrend could be expected to continue and next target would be at 1.3400 area. Key support is at 1.3299, only a breakdown below this level could bring the price back towards 1.3240.

USDCAD 4-hour chart