USDCAD moved sideways in a narrow range between 1.1000 and 1.1053. As long as 1.1000 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0857, one more rise to 1.1100 area is still possible after consolidation. On the downside, a breakdown below 1.1000 support will indicate that the uptrend from 1.0857 had completed at 1.1053 already, then the following downward movement could bring price to 1.0500 zone.
