USD/CAD ended the week right above rising trendline support at 1.1200 after Canadian retail sales rose for the third straight month at a rate of 0.3 percent, which was a bit less than expected. The increase was led by car sales, as auto dealers offered bigger rebates in order to boost demand, but excluding this component, retail sales fell 0.2 percent. Overall, Canadian data has generally been better-than-expected lately as the Canadian economy surprisingly added on employees during April and Ivey PMI rose above 50 – signaling an expansion in business activity - for the first time since October 2008. Based on the USD/CAD close above the noted trendline, though, there may be upside potential for the pair over the course of the next week.