Keeping in touch with the bigger picture, the rally from .9055 is in 3 waves (corrective). This could be just the first 3 wave move in a more complex move (flat?) or a completed 3 wave correction.
In either case, the USDCAD likely heads much lower from here. The first support is not until the center of the triangle; at 1.01. Bears can move risk to 1.0566.
