USDCAD Weekly Analysis – June 12, 2016

USDCAD remains in uptrend from 1.2460, the fall from 1.3188 is likely correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3600 area. Support is at 1.2460, only break below this level could trigger another fall towards 1.2000.

usdcad chart