The USD/CAD pair fell during the course of the session on Friday, testing the 1.12 level for support. That being the case, the market bounced enough to form a hammer, and it should be noted that the weekly candle is a shooting star that was preceded by two hammers. With that being the case the market looks very confused and choppy at the moment so we are simply willing to step aside and do nothing as this market continues to look very tight and very confused, making it so that the market is probably going to continue to be difficult.
