USDCAD broke below 1.3040 support, suggesting that the uptrend from 1.2803 had completed at 1.3124 already.

Range trading between 1.2870 and 1.3124 would likely be seen over the next several days. However, as long as 1.2870 support holds, another rise towards 1.3200 is still possible.

USDCAD 4-hour chart

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