USD/CAD Daily Analysis – Tuesday, Jan. 8

USD/CAD extended its downside movement from 1.3664 to as low as 1.3273. Further decline is still possible in a couple of days and next target would be at 1.3200 area. Resistance is at 1.3330, above this level could bring the price back to 1.3450 area.

USDCAD 4-hour chart

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