- Resistance: 1.0780
- Support: 1.0630
- The USDCAD flirted with the resistance early today as it reached 1.077. The pair then ricocheted lower toward the building support of the trend channel.
- For price action early next week, look for the USDCAD to test the bounds of its now mature and obvious channel. Should there be a big fundamental surprise, it could mark the end of easy range trading for this pair.
See Daily Technicals for more details: