USDCAD Weekly Analysis – May 26, 2019

USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.3068. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.3650 area. Key support is at 1.3357, only a breakdown below this level could signal completion of the uptrend.

USDCAD daily chart