USDCAD Daily Analysis – Tuesday, Nov. 6

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

Another rise to test 1.3169 resistance would likely be seen and a break of this level would take the price into 1.3250 zone.

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

USDCAD 4-hour chart

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