Watch the closing price when it hits the fib levels and lower channel support.
Also price may bounce from channel line briefly and shoot up, or can bounce briefly then lose momentum.
Oil prices are down USD could prevail against CAD, however I will be looking to open 2 positions both upside and downside
Multiple rejections on resistance line
Bigger picture (D1) is a long since there is a Head and Shoulders, if there is a close above resistance line on H1 then long position be activated