The USD/CAD broke above the resistance of the upper line of the price channel on the 4-hour chart, and is now in uptrend from 1.0137. The rise extends as high as 1.0290. Further rise could be expected, and the next target will be at the 1.0350 area. Support is at 1.0200. Only a break below this level could trigger another fall towards 1.0000.