USDCAD Daily Analysis – October 7, 2019

USDCAD remains in the uptrend from 1.3205, the pullback from 1.3347 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3400 area. Near term support is at 1.3298, below this level could bring the price back to 1.3250 zone.