USDCAD Daily Analysis – December 1, 2014

USDCAD is facing 1.1466 resistance, a break of this level will signal resumption of the uptrend from 1.0619 (Jul 3 low), then next target would be at 1.1600 area. Support is at 1.1380, only break below this level could bring price back to 1.1200 area.

usdcad chart