USDCAD Daily Analysis – October 3, 2019

USDCAD broke above 1.3309 resistance, suggesting that the uptrend from 1.3133 has resumed. Further rise would likely be seen after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3290, only break below this level could trigger another fall towards 1.3200.

USDCAD 4-hour chart