The currency pair Canadian dollar against the US dollar USD CAD continues to trade in line with expectations. Currently, the pair is expected to continue the growth of quotations by breaking through the upper boundary of the triangle model.
USD CAD Forecast Canadian Dollar on July 13, 2016
It can be expected to accelerate the upward movement at the time of breaking the downtrend line on the indicator of relative strength. Cancellation option of continued growth of quotations USD CAD pair will fall below the level of 1.28, which points to a decline in the area below the level of 1.26.
USD CAD Forecast Canadian Dollar on July 13, 2016 assumes continued growth of quotations USD CAD models within the mining triangle with a view to a potential higher than 1.33.
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