USDCAD Weekly Analysis – May 29, 2016

USDCAD remains in uptrend from 1.2460, the fall from 1.3188 is likely consolidation of the uptrend. Further rise could be expected, and next target would be at 1.3600 area. Support level is at 1.2750, as long as this level holds, the uptrend will continue.

usdcad chart