USDCAD Daily Analysis – November 11, 2016

USDCAD continued its upward movement from 1.3005, and the rise extended to as high as 1.3525. Further rise could be expected over the next several days, and next target would be at 1.3600 area. Key support is now at 1.3264, only break below this level could signal completion of the uptrend.

usdcad chart