USDCAD Weekly Analysis – April 30, 2017

USDCAD moved above 1.3534 resistance, indicating that the uptrend from 1.2968 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.3800 area. Support is at 1.3500, only a break below this level could bring price back to 1.3300 zone.

USDCAD chart