USDCAD Weekly Analysis – November 15, 2015

USDCAD is facing 1.3456 resistance, a break of this level will indicate that the uptrend from 1.1919 has resumed, then the following upward movement could bring price to 1.4000 area. On the downside, as long as 1.3456 resistance holds, one more fall to 1.2500 area is still possible.

usdcad chart