USD/CAD Forecast October 31, 2016, Technical Analysis

The USD/CAD pair went back and forth during the course of the session on Friday, showing a bit of neutrality. Ultimately though, there is a bit of exhaustion showing itself in this market, so it looks as if a pullback could come, but I think there is more than enough support below, especially near the 1.33 level underneath. A bounce or supportive candle is reason enough to go long, and I would be a buyer reaching towards the 1.35 level above. I have no interest whatsoever in selling this market at this point. - 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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