Overall, USD/CAD is trending upwards. Recently, USD/CAD tested but failed to break the resistance level of 1.42250. It was announced over the weekend that the OPEC meeting has now been postponed to April 9 due to the intensification of the dispute between Moscow and Saudi Arabia over who is to be blamed for the plunging of crude prices. Currently, USD/CAD is bouncing off the resistance level of 1.42250 and the next support level is at 1.39800.