USDCAD is forming a triangle pattern on daily chart. Another rise towards the upper line of the pattern would likely be seen next week, a clear break above the upper line will indicate that the uptrend from 0.9406 has resumed, then further rise towards 1.1000 could be seen.
For long term analysis, USDCAD is in consolidation of uptrend from 0.9406, further rise to 1.1500 would likely be seen after consolidation.
