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.

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