The USD/CAD trend analysis is shown here. This pair is trending higher on the larger time frames, like the MN time frame shown below. The near term resistance level is at 1.3350. Traders can set a buy alarm at that price level and monitor for a buy signal on The Forex Heatmap®. There is no no nearby resistance past the alarm price, we see no resistance until around 1.3800, so this pair has about 450 pips of upside potential. This is very good money management and risk/reward ratio for a trade.
USD/CAD Chart Analysis 9-23-2015