audcad daily and 4hr idea

We've seen a rejection on the weekly chart bringing the pair down, it broke the ascending daily trendline but is now in the process of retracing. I am anticipating a reversal at 50% fib or 61.8fib...most likely the 61.8%fib because of more confluences present at that price. it has some S/R that has held well in the past and the price is near a round number 1.0100 and its on the 61.8%fib.