The USDCAD did the unthinkable this week and broke out of the range that has contained over the last few months.  On Friday the pair gained a bit of momentum and pressed above the 1.02 area.  Resistance is now at daily highs at 1.0225.  Above this level we run into a shallow top around 1.03.  Support is now at past resistance at 1.0050.  A bit of consolidation could be in the cards to start next week.

Sup     1.0050

Res      1.0225