USDCAD backed off after a brief blip through the key 1.36 level (cited here yesterday) in what turned out to be more of a stop hunt than a new leg up.
The day range is 1.3571-1.3605, anything in between is noise.
A break of the trendline drawn of yesterday’s opening low would be needed to deflect risk on the upside in a market that seems to be on hold ahead of tomorrow’s BoC rate decision.