USD/CAD Forecast March 21, 2017, Technical Analysis

The USD/CAD pair fell slightly during the day on Monday, testing the 1.33 level IV support. We turn around and form of supportive looking candle, reaching towards the 1.3350 handle. I think on a break above the top of the range from the Friday session, the market is free to go to the 1.35 handle, and with the way oil is selling off, I fully expect that to happen. With this, I continue to buy pullbacks, and have no interest whatsoever in selling this market as oil look so fragile currently, and should continue to weigh upon the Canadian dollar. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the