Monday 15 December 2014

USDCAD Daily Analysis - December 16, 2014 Forex Analysis

USDCAD's upward movement from 1.1191 extended to as high as 1.1673. Further rise is still possible after a minor consolidation, and next target would be at 1.1800 area. Key support is located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.



usdcad chart






For more short term forex analysis and info visit via USDCAD Daily Analysis - December 16, 2014 . Thanks for your support.

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