USDCAD Daily Analysis – October 9, 2019

USDCAD moved sideways in a trading range between 1.3287 and 1.3347. As long as 1.3287 support holds, the uptrend could be expected to resume, further rise towards 1.3400 is still possible. On the downside, a breakdown below 1.3287 support could bring the price back to 1.3250 zone.

USDCAD 4-hour chart