USDCAD Weekly Analysis – June 14, 2014

USDCAD is facing 1.0813 support again, a breakdown below this level will signal resumption of the downtrend from 1.1278, then next target would be at 1.0600 area. Resistance levels are at 1.0960 and 1.1053, only break above these levels could signal completion of the downtrend.

usdcad chart