Daily Forex Update: USD/CAD

The 60-minute chart of the USD/CAD has sold off through uptrend line support at 1.0266 (E). This breakdown of the intraday Pennant Completed Pattern alert shows the Canadian Dollar strengthening against the flat U.S. Dollar, which continues the weakness seen in the USD/CAD pair throughout the previous week. Prices are likely to find near-term support around 1.0220 (F).