FX:USDCAD U.S. Dollar/Canadian Dollar
USD/CAD surged after the break of the pattern that we covered yesterday. The breakout of the pattern lead the price to break the 1.1015 . Note that the pattern was coupled with the and ( ) showing the price is oversold which adds strength for the breakout. The overall trend is still heading up thus we could potentially see a retracement before the price resumes this upside movement in today's London session.