USDCAD Daily Analysis – October 27, 2017

USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2450. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 1.3000 area. Only a clear break below the trend line support could signal completion of the uptrend.

USDCAD 4-hour chart