USDCAD Daily Analysis – November 26, 2019

USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the price action from 1.3327 could be treated as consolidation for the uptrend, further rise towards 1.3360 is possible after the consolidation. Only break below the trend line support could signal completion of the uptrend.

USDCAD 4-hour chart