USDCAD Daily Analysis – March 6, 2019

USDCAD extended its upside movement from 1.3112 to as high as 1.3365. Further rise is still possible and next target would be at 1.3450 area. Support is at 1.3320, a breakdown below this level could bring the price back to 1.3280, followed by 1.3240.

USDCAD 4-hour chart