By ForexMansion.com
The USD/CAD pair has been stuck between the parity and 0.97 levels all year, and continues to sit in that range. Today’s bar was very bullish, but in the context of things may not matter much. As we have been saying for weeks, a move above 1.0000 is a buy, while a failure at that level is a sell. A break below the 0.97 level has the bears aiming for 0.95 and 0.90 as well.
