USDCAD Daily Analysis – May 27, 2019

USDCAD’s upside movement from 1.3357 to as high as 1.3502. Further rise to test 1.3520 resistance is possible, a break of this level could take the price to 1.3600 area. Support is at 1.3400, a breakdown below this level could trigger another fall towards 1.3350.

USDCAD 4-hour chart