USDCAD Daily Analysis – June 10, 2014

USDCAD broke below 1.0900 support, indicating that the uptrend from 1.0822 had completed at 1.0960 already. Deeper decline would likely be seen, and next target would be at 1.0840 area. Resistance is at 1.0960, only break above this level could trigger another rise to 1.1000 zone.

usdcad chart