USDCAD Weekly Analysis – October 4, 2014

USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1500 area. Only a clear break below the trend line support could signal completion of the uptrend.

usdcad chart