The USD/CAD pair fell during the session on Friday, but bounced slightly in order to take back some of the losses. The weekly candle is a shooting star though, and as a result we are not ready to buy until we break above the top of that shooting star candle, which means clearing the 1.08 level. The only other interest that we have as far as buying is concerned is perhaps off of the uptrend line as you see it on the chart. We have no interest in selling yet though, as we need to get below the 1.06 handle before we do that.
