USD/CAD Forecast March 27, 2017, Technical Analysis

The US dollar rallied against the Canadian dollar on Friday, as we continue to press to the upside. Pay attention oil, looks as if it is very vulnerable and if that’s going to continue to be the case, I believe it’s only a matter of time before this market shoots back towards the 1.35 level above. If we can break above the 1.36 handle, then we’re free to go much higher. I think that’s the longer-term story, but in the meantime, expect quite a bit of volatility. I have no interest in selling this market going forward. - 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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