USDCAD Weekly Analysis – March 8, 2020

USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2951. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.3600 area. Only break below the trend line support could signal completion of the uptrend.

USDCAD daily chart