USDCAD Daily Analysis – November 29, 2017

USDCAD is facing 1.2836 resistance. A breakout of this level could trigger further upside movement towards 1.2916 previous high. Near term support is at 1.2750, a breakdown below this level could bring price back to test 1.2666 support. Below here could signal resumption of the downtrend from 1.2916, then next target would be at 1.2600, followed by 1.2433.

USDCAD 4-hour chart