USD/CAD Weekly Analysis – Wednesday, Sept. 12

USD/CAD dropped sharply to as low as 1.3041. However, as long as 1.3000 support holds, the fall from 1.3226 could be treated as consolidation for the uptrend from 1.2887 and another rise towards 1.3350 is still possible after the consolidation.

USDCAD 4-hour chart

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