I found this from The Trader's Edge. Seems to confirm the upside.. lol
Looking at the USD/CAD, it seems that the downtrend will continue - at least for a short time further.
Look for it to potentially hit the 1.0750 - 1.0700 area. Once it hits that area, we’ll have to look at it again because it does seem like the downside selling is losing steam so a reversal may be right around the corner.
This is a tricky week as we have the NFP coming out in a couple days and traders are definitely gearing up for that. Be sure to perform your own analysis in multiple time frames before getting into any trade.
If there’s nothing before the NFP, we’ll come out with a USD/CAD analysis sometime next week after the market settles from Friday.