The USDCAD has moved higher today as better dollar buying has dominated. The pair has upside resistance at the Moving Average. That level comes in at 1.0935. The high today reached 1.0929. Look for sellers against this level today. We have had one break of the trend line – On the downside, support comes in at the 1.0840 which is the S2 for this move from the top. Below that is the support at the 1.0785 S3 of current pullback.
