The USD/CAD pair initially tried to rally but the market turned back around to test the uptrend line during the week. On top of that, we tested the 1.30 level and it appears that it has held that this market up. With that being the case, we could turn around and we also have to keep in mind that the Friday candle is of course a hammer. If we break above the top of the Friday session, the market should continue to grind its way higher, but we realize that longer-term traders may be a little bit turned off by this chart.
