The USDCAD pair did not have any firm intraday direction and is at this moment set around the 1.3400 handle.
The pair stopped its overnight retracement slide from 2-week tops and discovered some support close to the 1.3380, though a mix of divergent forces failed to give any significant impetus and prompted a subdued price action in early European trading.
A goodish rebound in the US Treasury bond yields from 15-month lows contributed a minor lift to the USD. The positive aspect was to a great extent counterbalanced by a solid pickup in crude oil prices, presently up over 1%, which supported demand for the CAD.
Thus, it is judicious to wait for a persuading move in either direction.