USDCAD lost some upside momentum after hitting near the short-term channel resistance. A temporary top is formed at 1.0961 and intraday bias is turned neutral for some consolidation first. Focus is back on 1.0988 resistance support. Break will indicate that the pair has failed to sustain the long-term rate of 1.0913 and will turn outlook bearish for 1.0888 support and below. However, above 1.0898 again should now show a strong upward momentum for the next key resistance around 1.0998.