USDCAD Daily Analysis – August 20, 2019

USDCAD is facing 1.3344 resistance once again, a break of this level could signal resumption of the uptrend from 1.3015, then further rise to 1.3400 area could be seen. Near term support is at 1.3300, below this level could bring the price back towards the rising trend line on the 4-hour chart.

USDCAD 4-hour chart