USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4048. Further decline could be expected after a minor consolidation and next target would be at 1.3350 area. Near term resistance is at 1.3570, a break of this level could bring the price back towards the trend line.
![USDCAD 4-hour chart](https://www.forexcycle.com/wp-content/uploads/2020/20200604_USDCAD_1.png)