USDCAD Daily Analysis – August 1, 2019

USDCAD broke above 1.3198 resistance and extended its upside movement from 1.3015 to as high as 1.3218. Further rise could be expected and next target would be at 1.3300 area. Key support is at 1.3104, only break below this level could signal completion of the uptrend.

USDCAD 4-hour chart