trends are looking bearish on the USDCAD, the MACD indicator doesnt seem to show a convergence pattern for now, but the parabolic indicator is showing a bearish pattern, this is on H4. also on this period, we may see an oversold sooner than we expect, so buyers should just keep a good watch on USDCAD pair at H4 however on D1 there still is a possibility of a LONG position inside of the downtrend , therefore i predict a BUY would be ideal since it is not a very steep downtrend.