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USD/CAD Forecast October 26, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 24 October 2015 06:14 UTC

The USD/CAD pair initially fell during the course of the session on Friday, but then turned back around to form a massive bullish candle. With that being the case, we feel that the market pulling back should be a buying opportunity for traders as we should continue to go higher. Ultimately, we believe that the market should then go to the 1.34 level. But notice in selling, we think there is more than enough support below to keep this market going forward, and as a result this market should continue the uptrend that we have seen for quite some time.

 

 

 

 

 

 

 

USD/CAD Forecast October 26, 2015, Technical Analysis

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