USDCAD Daily Analysis – April 17, 2014

USDCAD continued its upward movement from 1.0857 and the rise extended to as high as 1.1033. Further rise could be expected and the target would be at 1.1100 area. Support levels are at 1.0915, and 1.0857, only break below these levels could trigger another fall towards 1.0600.

usdcad chart