The USD/CAD pair rose during the course of the session on Thursday, slicing through the 1.32 level. By doing so, we continue to test serious resistance and I think we are trying to break out to the upside. Pullbacks at this point in time should continue to be value, as I believe there is more than enough support below. On top of that, well markets look very soft at the moment and I think that could be another reason to think that this market continues to grind its way to the upside.
![USD/CAD Forecast September 19, 2016, Technical Analysis](http://c86cb244b7aa82d722df-bc886d861d799bf6b58e79429d5ca9ac.r8.cf2.rackcdn.com/www.fxempire.com/wp-content/uploads/2016/09/usdcad-12.jpg)