Tuesday, 16 December 2014

USDCAD Daily Analysis - December 17, 2014 Forex Analysis

USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191. As long as the trend line support holds, further rise could be expected, and next target would be at 1.1800 area. Only a clear break below the trend line support could signal completion of the uptrend.



usdcad chart






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