USDCAD Daily Analysis – April 1, 2020

USDCAD remains in the uptrend from 1.3920, the pullback from 1.4348 is likely corrective consolidation for the uptrend. Another rise would likely be seen and a break of 1.4348 resistance could trigger another rise towards 1.4600. Support is at 1.3920, only break below this level could take the price to next support level at 1.3730.

USDCAD 4-hour chart