USD/CAD Daily Analysis – Thursday, Feb. 28

USD/CAD is facing 1.3112 support, a breakdown below this level could signal resumption of the downtrend from 1.3339, then next target would be at 1.3000 area. Resistance is at 1.3241, only a break of this level could signal completion of the downtrend.

USDCAD 4-hour chart

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