USDCAD breaks above 1.0341 resistance, suggesting that the uptrend from 0.9632 (Sep 14, 2012 low) has resumed. Further rise could be expected, and next target would be at 1.0500 area. Support is at 1.0200, only break below this level could signal completion of the uptrend from 1.0013.
For long term analysis, USDCAD remain in uptrend from 0.9632, further rise to 1.0500 area could be seen over the next several weeks.
