Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.0629
USD/CAD is in a bullish channel from September 2013 .As we can see very clearly from the chart bellow the price action developed within 38.20% & 50.00% fibonacci fan lines levels.Since the Federal Reserve recent action to start ''Tapering'' only made the pair even stronger ,
I personally see the pair trading a bit higher in the new year to …