USDCAD Daily Analysis – March 5, 2020

USDCAD broke above 1.3395 resistance, suggesting that the uptrend from 1.3201 has resumed. Further rise would likely be seen and next target would be at 1.3463 resistance, a break of this level would aim 1.3500 zone. Support is at 1.3314, a breakdown below this level could trigger another fall towards 1.3200.

USDCAD 4-hour chart