USDCAD broke above 1.0997 resistance, indicating that the uptrend from 1.0619 (Jul 3 low) has resumed. Further rise could be expected and next target would be at 1.1200 area. Support is at 1.0940, only break below this level will indicate that lengthier consolidation of the uptrend is underway, then deeper decline to 1.0850 area could be seen.
