USDCAD Daily Analysis – November 16, 2016

USDCAD’s upward movement from 1.3264 had completed at 1.3588 already. Further decline could be expected in a couple of days, and the target would be at 1.3250 area. Resistance level is at 1.3500, only break above this level could trigger another rise towards 1.3800.

usdcad chart