USDCAD Daily Analysis – August 27, 2014

USDCAD broke below 1.0925 support, indicating that lengthier consolidation for the uptrend from 1.0619 (Jul 3 low) is needed. Deeper decline to 1.0880 area is possible. Key support is at 1.0860, only break below this level could signal completion of the uptrend.

usdcad chart