On the daily chart, we can see that USDCAD bounced near the key support zone around the 1.3620 level where had also the 61.8% fibonacci retracement level for confluence. If we get another push to the downside, we can expect the buyers to step in at the support with a defined risk below it to position for a rally into the 1.39 handle. Alternatively, if the price were to continue lower, we can expect the buyers to lean on the major trendline. The sellers, on the other hand, will look to pile in at every break lower to keep targeting the 1.3225 level.