This picture show a clear pattern formed in USDCAD from past weeks then price broken it yesterday. What we have to watch is a retest that will be a wave number 4 of an impulse developed to the sown side. After number 4 correction which is expected to span up to 0.38 Fib, we will be sell in wave 5. But in general we still have a long distance downward move to complete wave "C" of the high degree down.