USDCAD stays in a ascending price channel on 4-hour chart and remains in uptrend from 1.3223. As long as the pair is in the channel, the upward movement could be expected to continue, and next target would be at 1.3800 area. Near term support is at the bottom of the channel and the key support is at 1.3530, only a breakdown below this level could signal completion of the uptrend.
