USDCAD Daily Analysis – Wednesday, April 1

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

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