USDCAD Daily Analysis – September 17, 2014

USDCAD remains in uptrend from 1.0810, the fall from 1.1098 is likely consolidation of the uptrend. Key support is at 1.0933, as long as this level holds, the uptrend could be expected to resume, and another rise to 1.1200 area is still possible. Only break below 1.0933 support could signal completion of the uptrend.

usdcad chart