FX:USDCAD U.S. Dollar/Canadian Dollar
$USDCAD has been rallying since September but consolidating more recently. With this bounce USDCAD has another chance to take out $1.05 and move higher.
Great call. This guy sees it going all the way to 1.10 http://www.dailyforex.com/forex-technical-analysis/2013/11/USDCAD-Daily-Outlook-Nov-22-2013/26379, I agree now that the major bearish trend line has been taken out, but Friday’s fall from 1.0565 suggests it might take some time to break 1.06.