USDCAD Daily Analysis – December 5, 2017

USDCAD moved below 1.2666 support. Further decline would likely be seen and next target would be at 1.2600 area. Below this level would aim 1.2433 support. Near term resistance is at 1.2750, only break above this level could trigger another rise to test 1.2916 resistance.

USDCAD 4-hour chart