The Canadian dollar regained parity with the US dollar on Tuesday and looks to be headed higher.  Daily and weekly patterns for the June futures give us “D” targets at 1.0279 and 1.0439, the first of which can be shorted with a stop at 1.0286.  In the meantime, traders should look for a way to get long.  If the sustained uptrend from the 0.9705 level (the “C” point on the daily chart) is interrupted, keep an eye on the midpoint of the weekly pattern at 0.9828.  Otherwise watch for a high-quality intraday pattern to provide the opportunity.  (Posted by Doug McLagan) _______ UPDATE (April 19, 02:35 p.m. EST):  The Loonie came back down to the weekly midpoint pivot of 0.9828 and respected it for about 18 trading hours before moving somewhat lower.  There has been little follow-through, however, and this market remains bullish with still-active daily and weekly patterns.  The situation is no longer considered actionable, but we will keep an eye on it.