USDCAD moved sideways in a trading range between 1.0903 and 1.0985. The sideways movement is likely consolidation of the uptrend from 1.0619. As long as 1.0903 support holds, the uptrend could be expected to resume, and next target would be at 1.1050 area. On the downside, a breakdown below 1.0903 support will indicate that the uptrend had completed at 1.0985 already, then deeper decline to 1.0700 area could be seen.
