USDCAD Daily Analysis – October 4, 2019

USDCAD extended its upside movement from 1.3205 to as high as 1.3347. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3305, below this level could bring the price back to 1.3280 zone.

USDCAD 4-hour chart