USDCAD remains in downtrend from 1.0293, the rise from 1.0013 is likely consolidation of the downtrend. Resistance is at 1.0200, as long as this level holds, the downtrend could be expected to resume, and another fall towards 0.9800 is still possible.
For long term analysis, USDCAD is now in downtrend from 1.0341. Further decline towards 0.9500 could be expected over the next sever weeks.
