USDCAD Weekly Analysis – November 3, 2018

USDCAD stays above a rising trend line on its daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.3300 area. Only a breakdown below the trend line support could bring the price back into 1.2850 zone.

USDCAD daily chart