USDCAD Daily Analysis – October 8, 2019

USDCAD broke below 1.3298 support, suggesting that the upside movement from 1.3205 had completed at 1.3347 already. Deeper decline could be expected in the coming days and next target would be at 1.3250 area. Resistance is at 1.3347, only break above this level could trigger another rise towards 1.3400.