USDCAD Daily Analysis – March 9, 2020

USDCAD’s upside movement from 1.3314 extended to as high as 1.3759. Further rise is still possible after a minor consolidation and next target would be at 1.3850 area. Near term support is at 1.3570, as long as this level holds, the uptrend will continue.

USDCAD 4-hour chart