The price movement of the US Dollar against the Canadian Dollar was guided by bullish momentum. The surge began after the US Federal Reserve announced interest rate cut for the third time in 2019.
Everything being equal, the USD/CAD exchange rate could make a pullback towards the support cluster at 1.3121 within this session.
On the other hand, the currency exchange rate might make an upside reversal from the support cluster at 1.3121 and aim for the 1.3300 area during the following trading session
