USDCAD Daily Analysis – June 21, 2019

USDCAD’s downside movement from 1.3432 extended to as low as 1.3150. Further decline is still possible after a minor consolidation and next target would be at 1.3100 area. Resistance is at 1.3220, only break above this level could signal completion of the downtrend.

USDCAD 4-hour chart