USD/CAD Daily Analysis – Monday, June 3

USD/CAD extended its upside movement from 1.3357 to as high as 1.3564.

USD/CAD extended its upside movement from 1.3357 to as high as 1.3564. Further rise could be expected and next target would be at 1.3600 area. Support is at 1.3480, a breakdown below this level could bring the price back towards 1.3430.

USDCAD 4-hour chart

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