01 Sept 2016 - USD/CAD Weekly Forecast

Price has reached my strong resist zone, a nice pull back down towards the support level should occur in the coming days.

Comment:

As expected, Price retreated strongly after NFP news release.

Comment:

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Comment:

My previous Forecast for this pair:

USD/CAD - 26 July to 26 Aug. 2016

www.facebook.com/media/set/?set=a.1764...

Comment:

Price reached my support level and rebound

Comment:

Here is the screen shot of the trade. after touching the support level.

Comment:

Price drop to support level and started to see a possible rebound coming.

Comment:

Comment:

As expected, rebound from support level has push price back up to the resist zone one more time, be careful this time the zone could have been weaken.