USDCAD Daily Analysis – March 25, 2014

No changed in our view, USDCAD remains in uptrend from 1.1025, the fall from 1.1278 is likely consolidation of the uptrend. As long as 1.1150 support holds, the uptrend could be expected to resume, and next target would be at 1.1400 area. Only break below 1.1150 support could signal completion of the uptrend.

usdcad chart