The USD/CAD pair fell during the session on Friday, triggering the bottom of the shooting star and various sell signals. However, the 1.10 level should be supportive going forward, and as a result we are looking for supportive candles near that area in order to start buying. If we get that opportunity, we would add to are already long position, and we do believe that this market goes much higher, probably to the 1.15 level. The market should continue to be bullish going forward as the Canadian dollar has been so weak, and we see no reprieve for it.
