USDCAD Daily Analysis – June 24, 2019

USDCAD is in consolidation for the downtrend from 1.3432. Range trading between 1.3150 and 1.3228 would likely be seen in a couple of days. As long as 1.3228 resistance holds, the downside movement could be expected to resume, further decline to 1.3100 area is still possible after the consolidation.

USDCAD 4-hour chart