The USDCAD moved higher on Monday with risk .  The pair consolidated gains in North American trading and looks to finish the day about where it began in New York.  The daily high at 1.02 followed by 1.0250 are the near term support levels.  and resistance begins at 1.01 followed by 1.0050.  I would expect a bit of consolidation for the pair in the near term.  A pullback to the 1.0150 could find buyers.

Sup      1.01                     1.0050

Res      1.02

Plan:   Consolidation could be the plan in the near term.

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