In the last three sessions USD/CAD
has failed to break through resistance. There is horizontal resistance @ 1.2473 and the 61.8% Fibonacci retracement
of the 3.18 high @ 1.2833 and the 5.14 low @ 1.1918 coming in at 1.2486. The Japanese candlestick
patterns of the last three sessions also suggest a possible reversal with a spinning top
and two shooting stars. Until we see confirmation however we are standing aside.