USDCAD Daily Analysis – April 18, 2017

No changed in our view, USDCAD remains in uptrend from 1.3223, the fall from 1.3338 is likely correction of the uptrend. Further rise could be expected in a couple of days, and next target would be at 1.3440 area. Support is at 1.3250, only break below this level could trigger another fall towards 1.3100.

USDCAD chart