USDCAD Weekly Analysis – June 2, 2019

USDCAD broke above 1.3520 resistance, suggesting that the uptrend from 1.3068 has resumed. Further rise is still possible next weeks and next target would be at 1.3664 resistance. Key support is at 1.3357, only a breakdown below this level could signal completion of the uptrend.

USDCAD daily chart