USDCAD Daily Analysis – March 18, 2015

USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2406. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3000 area. Key support is at 1.2618, only break below this level could bring price back to 1.2400 zone.

usdcad chart