USD/CAD Forecast September 23, 2015, Technical Analysis

The USD/CAD pair had a slightly positive session during the day on Tuesday, as we continue to press upon the 1.3350 level. This is an area that if we can get above, should signal the next leg higher. At that point time, we would anticipate seeing this pair go to the 1.35 handle, and as a result we are bullish. We believe that there is a massive amount of support all the way down to at least the 1.30 level below, so we have no interest in selling this market as the US dollar is without a doubt one of the strongest currencies right now.