USD/CAD's break of 1.1163 minor resistance indicates that pull back from 1.1289 has completed and intraday bias is flipped back to the upside. Break of 1.1289 will confirm rally resumption for 1.1475/1.1814 resistance zone next. On the downside, while some retreat might be seen, downside should be contained above 1.0947 minor support and bring rise resumption.

In the bigger picture, fall from 1.3063 is treated as correction to impulsive rally from 0.9056 to 1.3063 and has met target support zone of 1.0297/0819 already. We're slightly favoring the case that such correction has completed at 1.0784 already. Break of mentioned 1.1475/1.1814 resistance zone will confirm this case and should at least bring strong rally to key cluster resistance at 1.2191 (61.8% retracement of 1.3063 to 1.7084 at 1.2192). Nevertheless, a break below 1.0784 will indicate that fall from 1.3063 is still in progress, probably to 61.8% retracement of 0.9056 to 1.3063 at 1.0587 before completion.