USDCAD Daily Analysis – March 24, 2014

USDCAD remains in uptrend from 1.1025, the fall from 1.1278 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 1.1400 area. Support is at 1.1150, as long as this level holds, the uptrend will continue.

usdcad chart