USDCAD Analysis, Daily Forex Analysis, August 23rd 2010

23 August 2010 @ 05:17 am EDT

USDCAD continues its upward movement from 1.0247 and the rise extended to as high as 1.0513 last week. Support is at 1.0450 followed by 1.0410, as long as these levels holds, uptrend is expected to continue and further rise to 1.0600 is still possible in a couple of days.

For more forex information, go to www.forexcycle.com

E-Newsletters

We value your privacy. Your email address will not be shared.