The USD/CAD pair tried to rally during the course of the day on Wednesday, but ran into too much resistance just below the 1.15 level to turn things back around and form a perfect shooting star. We believe that this pair is still going to be bullish though and that any pullback from here should be a nice buying opportunity. We have no interest in selling this market and will simply buying our time and wait for a nice buying opportunity below in order to take advantage of “value” in the US dollar.
