USDCAD Daily Analysis – July 15, 2020

USDCAD extended its upside movement from 1.3490 to as high as 1.3645. Further rally would likely be seen and next target would be at 1.3800 area. Key support is at 1.3485, a breakdown below this level could trigger another downside movement towards 1.3300.

USDCAD 4-hour chart