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USD/CAD Forecast March 8, 2012, Technical Analysis

posted by Avatar FXEmpire 872 days ago in USD, CAD, Technical made popular 872 days ago

The USD/CAD pair fell from the parity level on Wednesday as the resistance held true. However, there is a ton of support below, and at varying levels all the way down to the 0.97 handle. With this in mind, we have been waiting for a breakout above the 1.01 level, or a breakdown below the 0.97 level. At this point, it looks as if the pair is willing
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