The USD/CAD pair fell during the course of the day on Monday, showing significant resistance at the 1.10 level. However, we are most certainly in an uptrend at the moment, and as a result we believe that supportive candles below will continue to be buying opportunities. We believe that the 1.09 level is going to offer support again, just as the 1.08 level will. If we can get above the 1.10 level, we feel that this market can go to the 1.12 handle given enough time. Right now, we have no interest in selling.
