USDCAD Daily Analysis – February 13, 2015

USDCAD stays in the trading range between 1.2352 and 1.2797. As long as 1.2352 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), another rise towards 1.3000 is still possible after consolidation.

usdcad chart