USDCAD stays above the rising trend line on its 4-hour chart and remains in uptrend from 1.2413.
USDCAD stays above the rising trend line on its 4-hour chart and remains in uptrend from 1.2413.
As long as the trend line support holds, the uptrend from 1.2413 could be expected to continue and next target would be at 1.2740 area. Key support is now at 1.2629, a breakdown below this level could bring the price back to test 1.2413 support.
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