USDCAD is taking an early session look at 1.3700

And breaking through as I type

There goes 1.37 in USDCAD but does it have the legs to push on or will we just see a stop run-n-turn around 1.3720?

USDCAD daily chart

Since the first test last week, the price hasn't strayed too far, which has kept the bullish momentum in place. There's some pretty clear sky up to the 61.8 fib of the 2016 drop.

As always, look for 1.3700 to start offering support or we'll be back down below.

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