Out of many possibilities I found this short outcome as the most probable scenario.
You have an impulse. You have it corrected by a running correction. And you will have another impulse down. This is why today or on Monday I will expect this move.
this is long term view of USDCAD
there are 2 main countings for this pair. black one which indicating that uptrend is over and the purple one which indicating a deeper correction for wave 4 and another wave to upside as wave 5
lets see which one is going to happen