USD/CAD Forecast October 13, 2016, Technical Analysis

The USD/CAD pair went back and forth during the course of the session on Wednesday, and as a result we did up forming a fairly neutral candle. This being the case, I feel that the market will find some type of support below that it will start lifting the market yet again, but at this point in time I think of pullback is probably necessary. If we can break above the top of the shooting star for the session on Wednesday, at that point in time I feel that the market should continue to go higher. - 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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