USDCAD is facing 1.0700 resistance, a break above this level will indicate that the downtrend from 1.0960 had completed at 1.0619 already, then further rise to 1.0780 area could be seen. However, as long as 1.0700 resistance holds, the downtrend could be expected to continue, and next target would be at 0.0500 zone.
