Commentary: The drop below .9936 to .9910 appears to have completed wave v and larger wave 3 from 1.0676. Look for a rally in wave 4 to end near 1.0094 before a drop to yet a new low in wave 5 completes the bearish cycle from 1.0866 and leads to a much larger recovery.
That recovery? will present a USDCAD bullish opportunity. For now, patience is warranted. Strategy: Flat