Somebody finally lit a flame under USD/CAD...it broke above its IH&S neckline (0.98ish) and closed to the upside on Friday. If this neckline holds as support, the next hurdle is the falling 200sma (pink) as shown on the Daily chart below.
My previous post on USD/CAD on June 16 refers to additional potential upside targets: http://strawberryblondesmarketsummary.blogspot.com/2011/06/usdcad1015-eh105-ehcall-me-crazy.html
"The recession has hit everybody...McDonald's is selling the 1/4 ouncer."
Author--Anonymous