USDCAD broke above 1.1025 resistance, and reached as high as 1.1049, indicating that the downtrend from 1.1098 had completed at 1.0886 already. Further rise could be expected over the next several days, and next target would be at 1.1200 area. Support is at 1.0970, as long as this level holds, the uptrend will continue.
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