TECHNICAL ANALYSIS BY NSFX 20.03.2014
The currency rate yesterday rose above the 2014 top and today is trading in a 24 pips range. The last time that the pair traded in this area was in 2009. Next test could be at 1.1300 and then 1.1500. In case UsdCad should fall below yesterday brekout 1.1226 the cross might test area 1.1016 and then the demand line in area 1.0931.