The USD/CAD pair fell during the session on Monday after initially trying to go higher, but at the end of the day we are still within a relatively tight consolidation range between 1.09 and 1.10 as we have been in for some time. It is not until we get above the 1.060 level that we feel comfortable buying, and it is not until we get below the 1.09 level that we feel comfortable selling. In the meantime, we are on the sidelines of this market place as it looks very difficult to trade currently.
