USDCAD Weekly Analysis – September 27, 2015

USDCAD broke above 1.3353 resistance, indicating that the uptrend from 1.1919 has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.4000 area. Key support is now at 1.3011, only break below this level could signal completion of the uptrend.

usdcad chart