USDCAD Daily Analysis – December 10, 2019

USDCAD broke below 1.3225 support, suggesting that the upside movement from 1.3158 had completed at 1.3269 already. Further decline would likely be seen and next target would be at 1.3180 area. Resistance is at 1.3269, only break above this level could trigger another rise towards 1.3350.

USDCAD 4-hour chart