USDCAD Daily Analysis – April 24, 2014

USDCAD remains in uptrend from 1.0857 and the rise extended to as high as 1.1053. Support is now at 1.1000, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1100 area. Only break below 1.1000 support could signal completion of the uptrend.

usdcad chart