USDCAD previously reversed up sharply from the key support area lying between the support level 1.3030 (former multi-month low from July) and the lower daily Bollinger Band. The upward reversal from this support area started the active short-term correction. Given strength of the aforementioned support area and the strengthening Canadian Dollar bearishness seen across the markets today – USDCAD is likely to rise further toward the next resistance level 1.3210 (former support from the start of October).