USDCAD Weekly Analysis - January 3, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 January 2016 07:29 UTC
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 1.2831. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.5000 area. Only a clear break below the channel support could signal completion of the uptrend.

usdcad chart

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