USDCAD Daily Analysis – August 21, 2019

After touching 1.3344 resistance, USDCAD pulled back to 1.3300 area, suggesting that lengthier consolidation for the uptrend from 1.3015 is needed. Deeper decline would likely be seen in the coming days and the target would be at the rising trend line on the 4-hour chart. On the upside, a breakout of 1.3344 resistance would indicate … Continue reading “USDCAD Daily Analysis – August 21, 2019”