USDCAD Daily Analysis – November 10, 2014

USDCAD broke below 1.1330 support, indicating that the uptrend from 1.1121 had completed at 1.1466 already. Deeper decline could be expected, and next target would be at 1.1250 area. Resistance is at 1.1466, only break above this level could trigger another rise to 1.1600 zone.

usdcad chart