EURCAD - Waiting for Wedge Breakout

Taking a look at the 4h chart, price-action remains confined in a wedge formation. RSI is suggesting we might get a bullish breakout as this is now the third signal of a break above 50 in this current wedge.

The 50% Fib Retracement level is also something important to note as the most recent large impulse was an impulse to the upside. See chart below.

I do believe that we might push higher but of course, something significant needs to happen first for price-action to break out of this wedge.