USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466, the rise from 1.1191 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and deeper decline to test 1.1121 support is possible. Only a clear break above the trend line resistance could signal completion of the downtrend.
