USDCAD Daily Analysis – Friday, July 17

USDCAD failed to break below 1.3485 support and stayed in a trading range between 1.3490 and 1.3645.

USDCAD failed to break below 1.3485 support and stayed in a trading range between 1.3490 and 1.3645.

A breakdown below 1.3485 support could take the price to 1.3300 area.

Resistance is at 1.3645, above this level could trigger further upside movement towards 1.3800.

USDCAD 4-hour chart

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