USDCAD Daily Analysis – December 9, 2019

USDCAD bounced strongly from 1.3158 to as high as 1.3269. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.3225, below this level could trigger another fall towards 1.3150.

USDCAD 4-hour chart