Forex Flash: USD/CAD looks double toppish – TD Securities

FXstreet.com (Barcelona) - The USDCAD looks double toppish as it fails to break 0.9945/50 key resistance and may drop again in the short the short term, but TD Securities analysts expect a longer term upside soon: "The price action of the past week paints a more constructive picture for the pair on the longer term charts", they wrote, pointing to minor support at 0.9900/10 and a major at 0.9850. "A topside break would open up to a quick leg higher with sights on the mid 1.00 area in the coming days", they added.