$USDCAD

USDCAD closed higher on Thursday. Profit taking tempered early session gains and 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 signaling that sideways to lower prices are possible
near-term. If June renews Tuesday's decline, this month's low crossing at 96.46 is the next downside target. If June renews the rally off this month's low, the 38% retracement level of the January-February decline crossing at 98.38 is the next upside target. 

First resistance is last Friday's high crossing at 98.02.
Second resistance is the 38% retracement level of the January-February decline crossing at 98.38. 

First support is the reaction low crossing at 96.91. 

Second support is this month's low crossing at 96.46.