USDCAD Weekly Analysis - March 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 March 2014 06:46 UTC
USDCAD moved sideways in a trading range between 1.0910 and 1.1224. As long as the trend line support holds, the price action from 1.1224 could be treated as consolidation of the uptrend from 1.0182, another rise towards 1.1500 could be expected after consolidation. Only a clear break below the trend line support could signal completion of the uptrend.

usdcad chart

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