USDCAD Weekly Analysis – November 29, 2015

USDCAD is facing 1.3456 resistance, a break of this level will signal resumption of the uptrend from 1.1919, then the following upward movement could bring price to 1.4000 area. Near term support is at 1.3200, only break below this level could trigger another fall to 1.2500 zone.

usdcad chart