USD/CAD Daily Analysis – Tuesday, September 10

USD/CAD remains in the downtrend from 1.3382. Further decline is still possible after a minor consolidation and next target would be at 1.3100 area.

USD/CAD remains in the downtrend from 1.3382. Further decline is still possible after a minor consolidation and next target would be at 1.3100 area. Near term resistance is now at 1.3200, above this level could bring the price back to 1.3280 area.

USDCAD 4-hour chart

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