USDCAD Daily Analysis – June 6, 2019

USDCAD failed to break below 1.3357 support and rebounded from 1.3362. Further rally would likely be seen in the coming days and next target would be at 1.3500 area. Near term support is at 1.3395, a breakdown below this level could trigger another fall to test 1.3357 support.

USDCAD 4-hour chart