USDCAD Daily Analysis – September 3, 2014

USDCAD continued its upward movement from 1.0810, and the rise extended to as high as 1.0935. Further rise could be expected after a minor consolidation, and next target would be at 1.0975 area. Support is at 1.0900, only break below this level could bring price back to 1.0870 zone.

usdcad chart