USDCAD continues its upward movement from 1.0137, and the rise extends to as high as 1.0608. Further rise could be expected after a minor consolidation, and next target would be at 1.0800 area. Support is at 1.0460, only break below this level could signal completion of the uptrend.
![usdcad daily chart](https://www.forexcycle.com/wp-content/uploads/2013/20130706_usdcad_1.png)