USDCAD Analysis – November 24, 2013

USDCAD is facing 1.0608 resistance, a break above this level will confirm that the uptrend from 0.9632 (Sep 14, 2012) low has resumed, then the target would be at 1.1000 area. Support is at 1.0390, only break below this level could trigger another fall to 1.0300 zone.

usdcad daily chart