The USD/CAD pair initially tried to rally on Friday but then turned back around to form a rather negative candle. With that being the case, the market looks as if it is to continue dropping from here. A close the very bottom of the candle is a sign that this market should continue to go much lower. With that being the case, the market looks as if we could get value come into play, and a supportive candle below is reason enough to start going long. The 1.30 level below is massively supportive.
