Spot has rebounded from the daily low just under 1.3550 but gains are limited in the context of the recent slide in the USD and the market has a lot more work to do in the next few days if price action is to signal a USD reversal of any sort. 

At best, price signals suggest a pause in what remains a strongly developing downtrend in USD/CAD on the charts. 

USD rebounds should meet resistance around 1.3600/1.3610 and – stronger – at 1.3650/1.3660.