USDCAD stays within a upward price channel and remains in uptrend from 1.0588, and the rise extended to as high as 1.1018. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.1100 area. On the downside, a clear break below the channel support will indicate that the uptrend from 1.0588 is complete, then the following downward movement could bring price to 1.0700 zone.
