Resistance: 1.0700
Support: 1.0600
After USDCAD?s multi-day rebound, the pair came into contact with a strong resistance level at 1.0700. The 1.0700 level is significant as both a key psychological level and a recognized Fibonacci level. If the USDCAD is able breaks through this barrier, the pair?s momentum may be enough to take it as high as 1.0800.
