USDCAD Weekly Forecast 30th March - 3rd April 2020

USDCAD has faced strong resistance at 4 - years high and has been falling since.
This is mainly due to the Dollar falling due to QE being relaunched.
However, with such a large uptrend, a technical pullback is inevitable.
This week, we are expecting price to reach previous demand zone. Should price be supported here, it would be a good buy opportunity, as Crude oil prices are still falling and BoC cutting rates again, USDCAD should continue being bullish.