USDCAD Daily Analysis – September 30, 2019

USDCAD broke below 1.3230 support, indicating that the upside movement from 1.3133 had completed at 1.3309 already. Further decline could be expected and next target would be at 1.3150 area. Resistance is located at the falling trend line on the 4-hour chart, only break above the trend line resistance could trigger another rise towards 1.3400.

USDCAD 4-hour chart