Currently USDCAD is @ 0.9985 and has broken out of the uptrend. We are now bearish on the cross. We are now looking for the S3 / 0.9919 after the break of the S2 support @ 0.9974. Lower targets are the .786 Fibo @ 0.9878 area. A bounce would take it back to the 1.0008 resistance.
