USDCAD Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:54 UTC
USDCAD broke above the downward trend line on daily chart, indicating that the downtrend from 1.1278 had completed at 1.0619 already. Further rise could be expected, and next target would be at 1.1000 area. Support is at 1.0619, only break below this level could trigger another fall towards 1.0000.

usdcad chart

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