USD/CAD Forecast March 29, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 29 March 2016 06:30 UTC
The USD/CAD pair fell during the course of the day on Monday, as we continue to see quite a bit of volatility. There has been a strong downtrend for some time, and with that being the case the market looks as if the 1.30 level below is going to continue to be a magnet for target. If we can get some type of supportive candle in that area, we are more than willing to buy this market and should grind its way to at least the 1.35 level in the short-term as the massive uptrend line just below continues to be important.

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