After an amazing bullish breakout that I forecasted in one of my previous analysis (link below), USDCAD is trading close to a horizontal resistance at around 1.3380.
The Canadian dollar has been hit by somewhat lower oil prices, and a break above 1.3400 could lead to a retest of the 2019 high around 1.3650.
To the downside, the pair seems supported by the February high around 1.3330.