USDCAD broke above 1.0794 resistance, and the uptrend from 1.0619 extended to as high as 1.0821. Further rise could be expected and next target would be at 1.0900 area. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend will continue. Key support is at 1.0707, only break below this level could trigger another fall to 1.0500 area.
