USDCAD tests topside trend line after lower CPI

Data a bit weak but upside resistance stalls the rally
The USDCAD has moved higher after the lower than expected CPI data. The pair moved up from a pre release low of 1.3457 to a high of 1.34965.  At the high  is the the trend line on the daily chart , and the natural resistance from the 1.3500 level.  Yesterday, the pair moved up to that line and backed off.