USDCAD remains in the uptrend from 1.3159, the price action from 1.3444 could be treated as consolidation for the uptrend. Another rise to test 1.3444 resistance is possible and a breakout could trigger further upside movement towards 1.3500. Near term support is at 1.3300, a breakdown below this level could bring the price back towards 1.3200.
