USDCAD broke below the triangle pattern on daily chart. Further decline could be seen over the next several weeks, and target would be at 0.9600-0.9700 area. Resistance is at 1.0230, as long as this level holds, downtrend will continue.
For long term analysis, USDCAD is in correction of uptrend from 0.9406, further rise to 1.1500 would likely be seen after consolidation.
