USDCAD

USDCAD Forecast March 21, 2016, Technical Analysis

The USDCAD pair fell initially during the day on Friday, but it now appears that the uptrend line may catch this market and turning back around.

USDCAD Descending Triangle Feb 22, 2016

USDCAD has formed lower highs on its 1-hour chart and has been finding support at the 1.3650-1.3700 area, creating a descending triangle chart pattern. Price appears to have found resistance at the top of the formation once more and might be due for another test of support.

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