$USDCAD was lower overnight as it consolidated some of last week's rally.
Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If December extends the rally off last week's low, September's high crossing at 108.38 is the next upside target. Closes below the reaction crossing at 106.09 would renew the decline off September's high.
First resistance is last Friday's high crossing at 107.93.
Second resistance is September's high crossing at 103.59.
First support is the reaction low crossing at 106.09.
Second support is the reaction low crossing at 100.26.
