USDCAD Daily Analysis – September 9, 2014

USDCAD is facing 1.0997 resistance, a break of this level will indicate that the uptrend from 1.0619 (Jul 3 low) has resumed, then further rise towards 1.1200 could be seen. Support is at 1.0935, only break below this level could trigger another fall to re-test 1.0810 support.

usdcad chart