The currency pair Canadian dollar against the US dollar USD CAD continues to trade within the forex triangle patterns. However, at the moment there is a test rising support line on the indicator of relative strength, which points to the likely growth of quotations USD CAD in the area above the level of 1.32.
USD CAD Forecast Canadian Dollar on July 15, 2016
Cancellation option will drop the currency pair Canadian dollar below the level of 1.28, which points to the continued decline in the area below the level of 1.25.
USD CAD Forecast Canadian Dollar on July 15, 2016 suggests an attempt to increase in the rebound from the support line on the indicator of the relative strength in order to increase Canadian higher than 1.32.
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