USDCAD's upward movement from 1.0810 extended to as high as 1.1058. Further rise is still possible, and next target would be at 1.1200 area. Support is located at the lower line of the price channel on 4-hour chart, only a clear break below the channel support could signal completion of the uptrend.
For more short term forex analysis and info visit via USDCAD Daily Analysis - September 12, 2014 . Thanks for your support.
No comments:
Post a Comment