USDCAD faces more bull pressure short term as it looks to extend its strength. Support comes in at the 1.3250 level where a break will aim at the 1.3200 level. Further down, support comes in at the 1.3150 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3100 level. Conversely, resistance lies at the 1.3350 level where a violation will target the 1.3400 level. Further up, resistance resides at the 1.3450 level and then the 1.3500 level. All in all, USDCAD looks to weaken further lower.
