USD/CAD fell on Friday, but managed to bounce in the later hours as the pair retested the 1.03 level. We mentioned that this area could be a place to see support and a potential bounce, and the resulting daily candle is a hammer – a bullish sign. Because of this, we like buying this pair on a break of the high from the Friday session. We know the 1.0650 – 1.07 level is massive resistance, but if it gives way – this pair skyrockets. We are not interested in selling at this point.