USDCAD Weekly Analysis - September 27, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 27 September 2014 10:36 UTC
USDCAD's upward movement from 1.0619, and the rise extended to as high as 1.1168. Further rise could be expected overt he next several weeks, and next target would be at 1.1500 area. Near term support is at 1.1045, and the key support is located at the upward trend line on daily chart, only a clear break below the trend line support could signal completion of the uptrend.

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.