USDCAD Weekly Analysis - August 10, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 August 2014 07:04 UTC
USDCAD remains in uptrend from 1.0619, and the rise extended to as high as 1.0985. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.0850, only break below this level will indicate that the uptrend is complete, then another fall towards 1.0000 could be seen.

usdcad chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.