USDCAD Daily Analysis – March 10, 2020

USDCAD is in consolidation for the uptrend from 1.3201. Range trading between 1.3516 and 1.3759 would likely be seen in a couple of days. As long as 1.3516 support holds, the uptrend could be expected to resume and further rise to 1.3850 area is still possible after the consolidation.

USDCAD 4-hour chart