USDCAD: 4Hr Chart showing that CAUTION is advised!

With this pair, there is good reason for caution regardless of whether you want to BUY or SELL.At the moment, it is not easy to tell which way it is to go. I favor a little more upside to retesting the highs and then watching to see if it will try to break through the highs. If it fails....WATCH OUT BELOW!

If it breaks through, then we could be looking at the beginning of the wave (5) higher and it could be a doozy!