Corp offers that were cleaned out at 1.0580 earlier have been refreshed and are in place again ahead of offers at 1.0600. Bids have also taken out towards 1.0500 leaving not much in the way of orders until 1.0400.
The May trendline that was broken back in September has been resistance since then. The July high at 1.0607 is edging closer after we finally broke above the late Aug/early Sep highs.
USD/CAD daily chart 25 11 2013
