USDCAD fell in the Asian and the early European session, and found strong support at its 200-小时移动平均线（目前为1.3632） and the 摇摆区低点1.3630附近, helping to stall the early decline in today’s trading. The bounce from that support area kept the buyers in play and helped shift short-term momentum back to the upside. The pair is also back above the 38.2% of the move down from the June high at 1.3676.

The next major test for buyers comes at the 从6月高点回落50%回撤, which sits near 1.3676, followed by the 1.36858和1.3692之间的关键挥杆区域. That zone has acted as a key inflection point on multiple occasions in recent weeks and will be a crucial hurdle if buyers are to regain further control.

For now, 保持在38.2%和200小时MA上方 keeps the recovery prospects alive for buyers. A move back below would start to negate the current bounce and reintroduce downside pressure, with support at 1.3616（平均100小时） and 1.3591和1.3579 as possible targets.

As it stands right now, however, the bulls are back in the driver’s seat, but they’ll need to prove themselves above 1.36763和1.36923 to turn the bias more convincingly bullish.