USDCAD Daily Analysis – March 28, 2017

USDCAD is facing 1.3409 resistance, a break of this level will confirm that the downtrend from 1.3535 had completed at 1.3264 already, then the following upward movement could bring price to 1.3600 area. On the other side, as long as 1.3409 resistance holds, the sideways movement in a range between 1.3264 and 1.3409 could be expected to continue.

USDCAD chart