The USD/CAD pair initially tried to rally during the course of the session on Wednesday, but turned back around to form a bit of a shooting star. If we break down below the bottom of the shooting star, we should then reach towards the 1.32 level, but ultimately we have a bit of hesitation when it comes to selling this market. We believe that it’s only a matter of time for go higher and would go long on a supportive candle were break above the top of the shooting star that form during the day on Wednesday.
