USDCAD Weekly Analysis – April 15, 2017

USDCAD remains in uptrend from 1.2968, the fall from 1.3534 is likely consolidation of the uptrend. Further rise is still possible after the consolidation, and next target would be at 1.3800 area. Support is at 1.3200, only break below this level could signal completion of the uptrend.

USDCAD chart