USD/CAD Forecast October 12, 2016, Technical Analysis

The USD/CAD pair broke higher during the course of the session on Tuesday, breaking above the 1.32 level again. Ultimately, I feel that this market is going to continue to trade to grind higher, and with that being the case of the pullbacks continue to offer value that you can take advantage of. I have no interest whatsoever in selling, and recognize that there are a lot of supportive areas just below that should continue to push this market back around and offer a buying opportunity. Ultimately, the market should then go to the 1.35 handle. - 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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