USDCAD Daily Analysis – February 24, 2014

Being contained by 1.1224 resistance, USDCAD pulled back from 1.1192. Another rise to re-test 1.1224 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.0182 (Sept 19, 2013 low), then next target would be at 1.1500 area.

usdcad chart