Thoughts on USDCAD Hitting 1.41 by Month-End

Considering the current $USDCAD levels around 1.4065, and the ongoing strength in the USD, I'm giving a 60% probability of seeing 1.41 touched before the month closes. The technical picture suggests continued upward momentum, and with no major Canadian data releases expected to significantly shift the needle, the path of least resistance appears to be higher. A retest of the 1.4020 region on any dip would likely be bought up quickly.