USDCAD Trade Idea Ahead of Bank of Canada

USDCAD followed through on the 9/1 reversal and broke above the trendline from the March high today. Initial upside focus is the line off of highs in April and May, which intersects the 200 day average just above 1.3500. The top side of the broken trendline and 9/3 high at 1.3162 should provide support now.