USDCAD Daily Analysis – September 13, 2019

USDCAD is in consolidation for the downtrend from 1.3382. Range trading between 1.3133 and 1.3250 would likely be seen in the coming days. As long as 1.3250 resistance holds, the downtrend could be expected to resume, and further decline towards 1.3000 is still possible after the consolidation.

USDCAD 4-hour chart