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USD/CAD Forecast September 28, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 26 September 2015 14:59 UTC

The USD/CAD pair went back and forth during the course of the session on Friday, and as a result we ended up forming a fairly neutral candle. However, the market looks like it’s ready to fight the shooting star from the previous session. We think that pullbacks offer value in a market that is most certainly bullish from the longer-term perspective, and most certainly has a massive amount of support below. In fact, we don’t even have a scenario in which we would sell this pair above the 1.28 level, which is where we should stay for the foreseeable future.

 

 

 
 

 

 

 

USD/CAD Forecast September 28, 2015, Technical Analysis

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