USDCAD Daily Analysis – May 21, 2019

USDCAD moved sideways in a trading range between 1.3376 and 1.3520. Another fall towards 1.3376 support could be expected, a breakdown below this level could take the price to 1.3300 area. Near term resistance is at 1.3455, above this level could trigger another rise to test 1.3520 resistance.

USDCAD 4-hour chart