Commentary of the USD/CAD parity :

The bearish divergence well funtioned and the parity took up its bearish movement. We maintain to trade only short positions as far as 1.0234 is resistance. A bearish slant is also giving resistance to the price. The braek out of 1.0150 will give a new sell signal.

See the previous analysis of the USD/CAD parity of March 23, 2010