USDCAD Daily Analysis – May 23, 2019

USDCAD rebounded strongly after touching 1.3376 support, suggesting that the pair remains in the uptrend from 1.3274, and the price action from 1.3520 could be treated as consolidation for the uptrend. Further rise towards 1.3520 resistance would likely be seen in the coming days.

USDCAD 4-hour chart