USDCAD consolidates below 1.0678

USDCAD consolidates below 1.0678 resistance. Range trading between 1.0540 and 1.0678 would more likely be seen in a couple of days. Support is at the lower boundary of the rising price channel on 4-hour chart, followed by 1.0540, as long as this level holds, uptrend could be expected to continue and another rise towards 1.0852 (May 25 high) is still possible after consolidation.

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