USDCAD’s upward movement from 0.9406 extended to as high as 1.0360. Further rise could be seen after a minor consolidation, and next target would be at 1.0500 area. Support is now at 1.0130, as long as this level holds, uptrend will continue.
For long term analysis, USDCAD is in uptrend from 0.9406. Further rise towards 1.1500 could be seen in next several months.
