USDCAD Weekly Analysis – July 24, 2016

USDCAD is testing 1.3188 resistance, a break of this level will indicate that the uptrend from 1.2460 has resumed, then next target would be at 1.3600 area. On the downside, a breakdown below 1.2800 support could bring price back to test 1.2460 support.

usdcad chart