USDCAD Daily Analysis – July 12, 2019

USDCAD is facing 1.3036 support, a breakdown below this level could take the price to 1.2950 area. Key resistance is at 1.3144, above this level would indicate that the downside movement from 1.3432 had completed at 1.3036 already, then further rise to 1.3250 area could be seen.

USDCAD 4-hour chart