$USDCAD

$USDCAD  closed lower on Thursday and below the 10-day moving crossing at 100.93 signaling that a short-term top might be in or is near. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. 

Stochastics and the RSI have turned bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 100.40 are needed to confirm that a short-term top has been posted. If September renews the rally off June's low, April's high crossing at 101.68 is the next upside target. 

First resistance is Tuesday's high crossing at 101.55. 

Second resistance is April's high crossing at 101.68. 

First support is the 20-day moving average crossing at 100.40. 

Second support is the reaction low crossing at 99.06.