Usd/Cad Has found its Footing

Price has bounced off of the 38.2 level with a strong bullish engulfing candle of price action. Demand is showing more pressure vs Supply, indicating the buying orders should be stronger. 200 EMA and Anchored VWap are also supporting price. In coming days, expecting to see a full return to the supply zone.

NOTE: This is not trading advise; trade at your own risk.