USDCAD Daily Analysis – March 22, 2019

USDCAD broke above 1.3370 resistance, suggesting that the downside movement from 1.3467 had completed at 1.3250 already. Further rally would likely be seen in the coming days and next target would be at 1.3450 area. Near term support is at 1.3325, below this level could bring the price back to test 1.3250 support.