Sunday 28 December 2014

USDCAD Daily Analysis - December 29, 2014 Forex Analysis

USDCAD stays in the trading range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could be expected after consolidation, and next target would be at 1.1800 area. Only break below 1.1560 support could signal completion of the uptrend.



usdcad chart






For more short term forex analysis and info visit via USDCAD Daily Analysis - December 29, 2014 . Thanks for your support.

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