USDCAD Daily Analysis – Friday, Oct. 26


USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782.

As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 1.3200 area.

Key support is now at 1.2969, only a breakdown below this level could signal completion of the uptrend.

USDCAD 4-hour chart

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