USDCAD Daily Analysis – April 3, 2017

USDCAD is facing 1.3264 support, a breakdown below this level will indicate that the downtrend from 1.3535 has resumed, then next target would be at 1.3100 area. Resistance is at 1.3414, a break of this level will confirm that the downtrend had completed at 1.3264 already, then the following upward movement could bring price to 1.3500 zone.

USDCAD chart