Key trend line and 100 day MA eyed
The USDCAD is trading at new session lows as the USD moves lower.
However we are approaching the next key support level. That comes in against an upward sloping trend line at the 1.32187 level currently (and moving higher). Below that is the 100 day MA at 1.3191 and the 50% retracement at 1.3175 create some key support levels.