USDCAD Weekly Analysis – December 14, 2014

USDCAD stays above the rising trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. Only a clear break below the trend line support could signal completion of the uptrend.

usdcad chart