USDCAD Daily timeframe shows it's continuously downtrending as per below Ichimoku confirmations.
Ichimoku Trend Analysis (Daily) - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko Span below candles
Next Scenario Market can continuously be downtrending as long as market is below Tenkan sen while Kumo and Kijun sen are down until it reaches the previous support at 1.2060 level from 8 Sept 2017.