USDCAD Daily Analysis – September 5, 2019

USDCAD broke below 1.3224 support, indicating that the uptrend from 1.3015 had completed at 1.3382 already. Further decline could be expected over the next several days and next target would be at 1.3150 area. Near term resistance is at 1.3260, above this level could bring the price back to 1.3300 area.

USDCAD 4-hour chart