USDCAD continued its short-term uptrend from 1.2061 and the rise extended to as high as 1.2413, facing the resistance of the top trend line of the price channel on the daily chart.
USDCAD continued its short-term uptrend from 1.2061 and the rise extended to as high as 1.2413, facing the resistance of the top trend line of the price channel on the daily chart.
Near-term support is at 1.2250, followed by the rising trend line on the 4-hour chart, only a clear break below the trend line support could signal completion of the short term uptrend.
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