$USDCAD: Watching the 1.4005 level for a bounce

The $USDCAD pair has been testing the 1.4005 support zone today, which was a pretty solid resistance previously. If it holds, I'm anticipating a potential move back towards the day's high around 1.404. A break and sustained close below 1.4000 would invalidate that scenario for me, suggesting further downside.