USD/CAD Daily Analysis – Friday, July 26

USD/CAD extended its upside movement from 1.3015 to as high as 1.3166.

USD/CAD extended its upside movement from 1.3015 to as high as 1.3166. Further rise is still possible and next target would be at 1.3200 area. Support is at 1.3114, only a breakdown below this level could signal completion of the uptrend.

USDCAD 4-hour chart

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