In 4H time-frame we can see price rejected from the resistance level and maybe for next week price will come down and for next move we have another uptrend rally.
If you at the COT weekly report,you got this about 74% of whole orders are short(sell) and more than 25% of orders are long(buy).
It means most traders are sellers and not enough traders for buy.
So Demand for the Canadian dollar will increase and USD/CAD Will go down next week.
