USDCAD Weekly Analysis - March 1, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 March 2015 07:43 UTC
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Key support is at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to resume, and one more rise to 1.3500 area is still possible.

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.