FX Trade Signals

USD/CAD: Our overall outlook for the pair remains highly constructive and as such, any dips should be used as formidable buy opportunities. The 78.6% fib retracement off of the 2010 low-highs comes in by the 1.0300 area and although this level has been slightly exceeded, we would not expect to see the market establish below this key support for any extended period of time.