USDCAD Daily Analysis – April 9, 2014

USDCAD is facing 1.0910 support, a breakdown below this level will indicate that the uptrend from 1.0812 (Sept 19, 2013 low) had completed, then the following downward movement could bring price to 1.0000. Resistance is at 1.1025, only break above this level could bring price back to 1.1200 zone.

usdcad chart