USDCAD failed to test 1.0928 support and rebounded from 1.0940 level. However, the rise is treated as correction of the downtrend from 1.1289. One more fall to test 1.0928 support is expected later today. A break of this level will take price to test 1.0784 support. Only rise above 1.1289 level will signal lengthier consolidation of downtrend from 1.3063.
