The USD/CAD pair went back and forth during the course of the session on Tuesday, bouncing around the 1.32 level. Now that we have broken above to a fresh, new high at one point during the session, I believe it’s only a matter of time before the buyers get involved and we push much higher. A break above the top of the range for the session on Tuesday is more than reason enough for me to start buying. I have notched in selling at the moment, especially with oil looking very likely to roll over fairly soon.
![USD/CAD Forecast September 28, 2016, Technical Analysis](http://c86cb244b7aa82d722df-bc886d861d799bf6b58e79429d5ca9ac.r8.cf2.rackcdn.com/www.fxempire.com/wp-content/uploads/2016/09/usdcad-19.jpg)