USDCAD Daily Analysis – September 25, 2014

USDCAD broke above 1.098 resistance, indicating that the uptrend from 1.0810 has resumed. Further rise could be expected over the next several days, and next target would be at 1.1200 area. Support is at 1.0985, as long as this level holds, the uptrend will continue.

usdcad chart