USDCAD Daily Analysis - September 9, 2016

Short Term Forex Analysis | by ForexCycle.com | Friday, 09 September 2016 03:03 UTC
USDCAD remains in downtrend from 1.3147, the rise from 1.2822 could be treated as consolidation of the downtrend. Further decline to test 1.2763 support is still possible after consolidation. Resistance is at 1.2970, only break above this level could signal completion of the downtrend.

usdcad chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.