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Like the name suggests here I am quite bullish on the usdcad as the pair is forming a triangle right below a potential inversed head and shoulders pattern and the measured move shows something like 1.1180 area to come. This triangle is a continuation pattern and in light of the FOMC to come I would say the US dollar will move higher across the board on the Fed continuing the tapering process started some time ago. News out of US were mixed but the economy is not deteriorating. It remains to be seen if the market will confirm the move. Like the name suggests here I am quite bullish on the usdcad as the pair is forming a triangle right below a potential inversed head and shoulders pattern and the measured move shows something like 1.1180 area to come. This triangle is a continuation pattern and in light of the FOMC to come I would say the US dollar will move higher across the board on the Fed continuing the tapering process started some time ago. News out of US were mixed but the economy is not deteriorating. It remains to be seen if the market will confirm the move. 