USDCAD TECHNICAL ANALYSIS SHORT TERM VIEW
It is running in positive trend and it is running in wave 3 so it can jump towards1.3560 levels minimum non stop in 1 hour chart calculation .Overall trend reversal point is 1.3311 and it is stop loss for all buy positions . Support level from 1.3356 to 1.3411 .It can be buy for intraday or positional for upside direction with stop loss 1.3311.
QUICK FUNDAMENTAL LOOK
The dollar eased on Wednesday after data showed the Chinese economy slipped into deflation last month, which upped the chances for the government to roll out extra stimulus measures and nudged investors into risk assets.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.