USDCAD remains in downtrend 1.0960, the rise from 1.0836 could be treated as consolidation of the downtrend. Another fall to test 1.0813 support could be expected, a breakdown below this level will indicate that the longer term downtrend from 1.1278 (Mar 20 high) has resumed, then next target would be at 1.0700 area. Resistance is now at 1.0885, only break above this level could bring price back to 1.0940 zone.
