USDCAD
USDCAD is in consolidation to the down trend. The rise from 1.1046 is limited by the falling price channel. One more rise towards 1.1200 level is still possible before breaking below the long term support at 1.1031 (Aug 31, 2006 low). Near term support is at 1.1046, a break below this level will signal the resumption of the down trend.

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USDCHF
Key resistance at 1.2126 is broken above, USDCHF bottomed at 1.1993 on 4 hours chart. Further rise towards 1.2250 is still possible later today. Key support is at 1.1993, only break below this level will signal the resumption of the down trend.

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USDCAD
USDCAD is in down trend. The fall from 1.1825 (Mar 5 high) extended to as low as 1.1046. Sideways consolidation might be seen before breaking below the long term support at 1.1031 (Aug 31, 2006 low). Key resistance is at 1.1227, a break above this level will signal the reversal to the down trend.

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