USDCAD Daily Analysis – April 6, 2015

USDCAD is facing 1.2410 support, a breakdown below this level will signal resumption of the downtrend from 1.2835, then next target would be at 1.2200 area. Resistance is now at 1.2575, only break above this level could trigger another rise to test 1.2835 resistance.

usdcad chart