USD/CAD Forecast September 8, 2015, Technical Analysis

The USD/CAD pair rose during the course of the session on Monday, but still remains below the recent highs out the 1.3350 level. If we can get above there, the market should then head to the 1.35 handle. Any pullback at this point in time should be supportive, so we have no interest whatsoever in selling this pair. We think that there is support all the way to at least the 1.30 level, if not the 1.28 handle.