USDCAD remains in uptrend from 1.0619, the fall from 1.0794 could be treated as consolidation of the uptrend. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is at 1.0707. As long as 1.0707 support holds, the uptrend could be expected to continue, and next target would be at 1.0850 area. Only break below 1.0707 support could trigger another fall to 1.0500 area.
