USDCAD Weekly Analysis – October 25, 2015

USDCAD is in downtrend from 1.3456, the rise from 1.2831 is likely correction of the downtrend. Another fall could be expected after correction, and the target would be at 1.2500 area. Resistance is at 1.3456, only break above this level could trigger another rise to 1.4000 zone.

usdcad chart