USDCAD Down trend possible in the coming hours.

USDCAD Closed lower last week which is an indication that a short trade could possibly be found on H4 this week. The target for this trend would be the ABCD of the weekly support in the 1.24 area of interest.
While I can't recommend taking a position just yet, it is important to be aware that this setup does exist and is possible. Manage your risk accordingly and remember to put stops where price didn't want to go.

Good luck!