USDCAD 1D | Update on previous analysis

- Initial bias remains up this week first and further rise is in expected. On the upside, break of 1.3350 will resume the rebound from 1.2994 short term bottom, targeting 38.2% retracement at 1.3633, to correct the whole fall from 1.4667. However, on the downside, break of 1.3086 will bring retest of 1.2994 bottom.