USDCAD Daily Analysis – April 17, 2017

USDCAD is now in uptrend from 1.3223, the fall from 1.3338 is likely correction of the uptrend. Another rise could be expected after the 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 from 1.3455.

USDCAD chart