USDCAD Daily Analysis – November 27, 2019

USDCAD is in consolidation for the uptrend from 1.3041, as long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to resume, further rise to 1.3360 area is possible after the consolidation. Only break below the trend line support could signal completion of the uptrend.

USDCAD 4-hour chart