USD/CAD Daily Analysis – Monday, Feb. 11

USD/CAD’s upside movement from 1.3068 extended to as high as 1.3329. Further rise is still possible after a minor consolidation and the next target would be at 1.3450 area. Support is at 1.3230, a breakdown below this level could trigger another fall towards 1.3100.

USDCAD 4-hour chart

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