USDCAD is approaching a decent demand zone on a daily chart.
On 4H chart the market is coiling inside a falling wedge pattern. During Friday trading day bears were trying to continue lower, however, were rejected by the strong pressure of bulls.
my plan is to wait and buy for a bullish breakout of a wedge. if bulls break above it, there will be a high chance to see a continuation to 1.32 level.