USDCAD Daily Analysis – March 31, 2020

USDCAD’s downside movement from 1.4667 had completed at 1.3920 already. Further rally could be expected in the coming days and next target would be at 1.4450 area. Support is at 1.3920, only break below this level could trigger another fall towards 1.3600.

USDCAD 4-hour chart