By ForexMansion.com

 

The USD/CAD printed a bullish hammer at the 0.97 level today, and shows that the area continues to be supportive. Shorting from here is almost impossible until we get a daily close below the 0.97, and buying this pair is probably the correct route for the very short-term. Until we see a 0.96 handle print, this is a scalper’s market.

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Originally posted here