USDCAD Daily Analysis – April 1, 2019

USDCAD broke below 1.3371 support, suggesting that the upside movement from 1.3250 had completed at 1.3450 already. Further decline could be expected in the coming days and next target would be at 1.3300 area. Resistance is at 1.3400, only break above this level could trigger another rise towards 1.3550 area.

USDCAD 4-hour chart