USDCAD Daily Analysis – April 14, 2017

USDCAD broke above 1.3300 resistance, indicating that the downward movement from 1.3455 had completed at 1.3223 already. Further rise could be expected after correction and next target would be at 1.3400 area. Support levels are at 1.3275 and 1.3223, only break below these levels could bring price back to the downtrend.

USDCAD chart