_iNVEZZ.com September Tuesday 17th_: The USD/CAD yesterday opened with a 36-pip gap down from Friday’s price at closing. The pair initially dropped to reach 1.0281, its lowest point since 12 August and subsequently undertook a rise. The price reached a high at 1.0325. The day’s trading formed a hammer candlestick pattern, which indicates strong bullish pressure. The 1.0285 level had been offering strong support from 9 to 12 August. The ascending 200-day simple moving average, which is currently resident at 1.0270 also added to the upwards pressure.