USD/CAD Daily Analysis – Thursday, June 21

USD/CAD’s upside movement from 1.2856 extended to as high as 1.3321.

USD/CAD’s upside movement from 1.2856 extended to as high as 1.3321. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Support is at 1.3240, a breakdown below this level could bring the price back to 1.3150 area.

USDCAD 4-hour chart

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