USDCAD Daily Analysis – April 30, 2014

USDCAD broke below 1.1000 support, indicating that the uptrend from 1.0857 had completed at 1.1053 already. The pair is now in downtrend from 1.1053, further decline could be expected over the next several days, and next target would be at 1.0900 area.

usdcad chart