USDCAD Daily Analysis – September 26, 2019

USDCAD failed to break below 1.3230 support and stayed in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.3133, further rise to 1.3360 area could be expected after the consolidation, only break below 1.3230 support could signal completion of the uptrend.

USDCAD 4-hour chart