USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4048.
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4048.
Further decline could be expected after a minor consolidation and next target would be at 1.3350 area. Near term resistance is at 1.3570, a break of this level could bring the price back towards the trend line.
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