USDCAD’s upside movement from 1.3041 extended to as high as 1.3327. Further rise is possible after a minor consolidation and next target would be at 1.3360 area. Near term support is at 1.3270, a breakdown below this level could bring the price back towards the rising trend line on the 4-hour chart.
![USDCAD 4-hour chart](https://www.forexcycle.com/wp-content/uploads/2019/20191121_USDCAD_1.png)