The USD/CAD pair went back and forth during the course of the session on Thursday, essentially settling on a neutral candle. Because of this, we think that the market will more than likely try to go higher, but we need to get above the top of the range for the Thursday session in order to start going long. Any pullback at this point in time should see support near the 1.3050 level, and as a result we are looking at pullbacks as potential value going forward as well. At this point in time we are not interested in selling.
