The technical break below trendline support at 1.0910/20 allied with the Goldman sell recommendation led to a sharp fall in USD/CAD towards the end of last week. Canadian exporters of raw commodities will have to be paid by their US customers before 1pm NY time on Monday. Expect the USD/CAD to remain under pressure until then and perhaps a relief rally straight thereafter. Technical support/resistance is now at 1.0749/1.0870.