USDCAD Daily Analysis – November 24, 2017

USDCAD is now facing 1.2666 support. A breakdown below this level could signal resumption of the downtrend from 1.2916, then next target would be at 1.2600, followed by 1.2433. Near term resistance is at 1.2790, only break above this level could trigger another rise towards 1.2916 previous high.

USDCAD 4-hour chart