USDCAD Daily Analysis – March 31, 2015

USDCAD is in uptrend from 1.2410. Further rise to test 1.2835 resistance would likely be seen, a break of this level will signal resumption of the long term uptrend from 1.0619 (Jul 3, 2014 low). Support levels are at 1.2575 and 1.2410, only break below these levels could bring price back to 1.2200 zone.

usdcad chart