The USDCAD jumped higher after a disappointing CPI report took a bit of the wind out of interest rate hike expectations in the near future.  The pair is now back in a range you have seen before with support up at 1.01 and resistance at 1.02.  If I had to guess I would expect a bit of consolidation.  I mean this is the USDCAD.

Sup 1.01

Res  1.02

Plan:   Watch for a reaction of support.

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