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USD/CAD Forecast December 15, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 15 December 2015 06:45 UTC

The USD/CAD pair went back and forth during the day on Monday, as we are starting to struggle to continue the massive move higher. However, we look at any pullback at this point in time is simply a buying opportunity, as the 1.30 level below should be supportive. After all, it was massively resistive, so now the buyers should be looking to take advantage of what is an obvious breakout. On the other day, we break above the top of the range during the session on Monday, we would be buyers there as well.

USD/CAD Forecast December 15, 2015, Technical Analysis

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