USDCAD Daily Analysis – April 12, 2018

USDCAD extended its downside movement from 1.2943 to as low as 1.2544. Further decline is still possible after a minor consolidation and next target would be at 1.2500, followed by 1.2350. Near term resistance is at 1.2625, a break above this level could bring price back towards the falling trend…
Source: USDCAD Daily Analysis – April 12, 2018