Both countries forecast fundamentals are evenly matched therefore I'm not considering this to be a factor.
The Euro is appreciating across most other currencies whilst the Canadian dollar is mixed, therefore there is slight weight towards this pair to continue the uptrend.
From a technical perspective we have a bunch of positives. Price has pulled back and touched the lower channel which also happens to be the 61 fib level; price has crossed the 20 period moving average; and price has pulled back to the 50 level. In an uptrend, the mid point of (50) is in an indication of a and price often bounces off this level. This isn't a reliable indication if price is ranging or about to reverse.
A has also formed two days ago. If you drill down to the lower time frames, this shows a pattern, which is usually a reversal indication. Some analysts may argue that this particular could be because the sellers stopped the buyers from pushing price higher.
Higher time frame shows a downtrend, therefore the current uptrend could be just a pullback on the higher time frame.
Sentiment: Given the above I feel there is more weight towards the uptrend continuing, I am .