USD/CAD Forecast January 26, 2016, Technical Analysis

The USD/CAD pair initially tried to rally during the course of the day on Monday, as the markets are starting to show signs of continuing the longer-term uptrend. The 1.45 level above will be targeted, and as a result we are not only willing to buy this market, but willing to hang onto the trade until we get to that level. With no interest whatsoever in selling this market, as there is a massive amount of support just below at the 1.40 level. That only that, we believe that the support extends all the way down to 1.38 as well. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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