USDCAD remains in uptrend from 1.0247 and the rise extends to as high as 1.0556. Further rise is still possible later today and next target would be at 1.0600 area. Key support is now at 1.0444, only break below this level could indicate that a cycle top has been formed on 4-hour chart, and the upward move from 1.0247 has completed.

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