The USD rally is consolidating its gains and the retracement was expected. In this particular pair, the dollar is testing a significant support at 1,0616 (38,20% Fib from the whole bull leg 1,0205 - 1,0867) and 200 SMA on the 4 hour chart.
A bounce from here is probable and I personally believe on the USD recovering for the next 6 months but remember that the overall bias still remains bearish for the dollar.
USD/CAD 4 hour chart:
César B.Leiceaga
How to profit from FX Markets by 


