USDCAD Daily Analysis – Tuesday, Jan. 14

USDCAD is now in the downtrend from 1.3104, further decline would likely be seen in a couple of days and next target would be at 1.2980 area.

USDCAD is now in the downtrend from 1.3104, further decline would likely be seen in a couple of days and next target would be at 1.2980 area. Resistance is at 1.3104, only break above this level could trigger another rise towards 1.3150.

USDCAD 4-hour chart

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