USDCAD Daily Analysis – May 24, 2019

USDCAD extended its upside movement from 1.3357 to as high as 1.3502, facing 1.3520 resistance, a break of this level could trigger further upside movement towards 1.3600. Near term support is at 1.3450, a breakdown below this level could bring the price back to 1.3400 area.

USDCAD 4-hour chart