USDCAD is moving in the slow pace low volume almost side way price action. We interpret this as possible ending diagonal scenario in the latest stages of its development. Notice the letters at projected highs around 1.3340/50 area which marks possible blue wave C end. If we are on the right track this will result in the mid term fall of this pair in weeks ahead. Wave 5 in ending diagonal has to have 3 leg and we are looking or the first leg in black wave A to complete soon.