The USD/CAD pair went back and forth during the course of the session on Friday, and as a result we ended up forming a fairly neutral candle. However, the market looks like it’s ready to fight the shooting star from the previous session. We think that pullbacks offer value in a market that is most certainly bullish from the longer-term perspective, and most certainly has a massive amount of support below. In fact, we don’t even have a scenario in which we would sell this pair above the 1.28 level, which is where we should stay for the foreseeable future.
