USDCAD Daily Analysis – February 12, 2018

USDCAD is in uptrend from 1.2247, the fall from 1.2688 is likely correction of the uptrend. Support levels are at 1.2489 and 1.2400. As long as these levels hold, the uptrend could be expected to resume, and another rise towards 1.2800 is still possible.

USDCAD 4-hour chart