When confused, see the bigger picture

Sometimes, when we get too focused on the smaller time frame like 4H and 1H, we might miss out the bigger trend. For USDCAD, the day chart is still bullish (green line).

So on this 4H chart, I see support at 1.3158 and potentially price would break out soon from the bearish trend line (red). It is likely to head higher but possibility of a minor correction to go south a little towards the green bullish trend line before rebound.

Or over the hours later, it breaks down from the support 1.3158, touch the green bullish trend line and rebound.

For now, just observe the price action and wait for the tide to come to us. Selling is not encouraged as it is selling at the lower price and rebound is in sight so risk-reward ratio may not be high.