USDCAD Daily Analysis – March 10, 2017

USDCAD’s upward movement from 1.3009 extended to as high as 1.3535. Support is at the bottom of the price channel on 4-hour chart. As long as the pair stays in the channel, the uptrend could be expected to continue, and next target would be at 1.3600 area.

USDCAD chart