USDCAD Daily Analysis – Wednesday, September 11

USDCAD extended its downside movement from 1.3382 to as low as 1.3133.

Further decline is still possible and next target would be at 1.3100 area. Resistance is at 1.3191, a break of this level could bring the price back to 1.3260 zone.

USDCAD 4-hour chart

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