USDCAD Daily Analysis – March 1, 2017

USDCAD continued its upward movement from 1.3009, and the rise extended to as high as 1.3325. Further rise is still possible over the next several days, and next target would be at 1.3500 area. Support is at 1.3200, only break below this level could signal completion of the uptrend.

usdcad chart