• USD/CAD bounces back as dollar pares Fed drop, risk sentiment sours

• Canadian PM Carney expected to call snap election for Apr 28

• Dollar shorts are in a tricky position

• USD/CAD nears 1.44, though key resistance sits at 1.4500-40

• U.S. tariffs continue to pose a threat to the currency

• In turn, dips in the pair continue to find good demand

• Support resides 1.4253 (100DMA), 1.4180

• With political risks on the rise, this supports USD/CAD upside
USDCAD daily chart

(Justin McQueen is a Reuters market analyst. The views expressed are his own.)