USDCAD moved sideways in a trading range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could be expected after consolidation, and next target would be at 1.1800 area. Only break below 1.1560 support could signal completion of the uptrend.
