The USD/CAD pair fell during the session after initially trying to break above the 1.10 level on Wednesday. It’s not a huge surprise though, as it is a large number. Also, this area has been resistive in the past, but it should be stated that we did in fact do a little bit higher than the last attempt, so that generally means that eventually the buyers will win out. On a daily close above the 1.10 level, we are buyers of this pair, but we are also buyers of pullbacks as show supportive candles. Right now, were simply waiting to see which one of those we get.
