Volatility compression continues to be the story in USDCAD as the pair churns its way between 1.0200 and 1.0100 and Bollinger Bands continue to narrow. We remain bullish targeting a move above the 1.0300 figure and are encouraged by a series of higher lows over the past 72 hours. Visit our recently updated Canadian Dollar Currency Room for specific resources geared towards this currency STRATEGY: Bullish, against .9818, target above 1.0324 (but should be in a small position now since the triangle is unfolding, add to longs below 1.00)