USDCAD Daily Analysis – May 25, 2018

USDCAD is facing 1.2924 resistance once again. A breakout of this level could take the price to next resistance level at 1.2997. Above here would aim 1.3100 area. Near term support is at 1.2820, a breakdown below this level could trigger another fall to test 1.2728 support.

USDCAD 4-hour chart