The USD/CAD pair fell during the session on Monday, testing the 1.24 level yet again. By doing so, we are at the bottom of the recent consolidation area, and it now appears that we will more than likely continue to consolidate all know we recognize that we are closing towards the bottom of the candle, we which of course is a very bearish sign. However, with the oil markets being as choppy as they are right now, we don’t want to be bothered in this market as it will probably do the exact same thing.
