USDCAD Bullish Implications

The count that I have been focusing on for the last week or so has me looking for a wave 4 low. One may be in place at 1.1976. If so, then the USDCAD should stay above 1.2072 as a small 3rd wave makes its way higher. A short term target is above 1.2510. A long term target is above 1.3068 (3 months +).