The currency pair Canadian dollar against the US dollar USD CAD is still trading within the triangle model. At the moment, there is potential for growth of pair within the mining district inverted head and shoulders pattern on the display relative strength indicates the potential growth of USD CAD is already with the current levels.
Forex Forecast USD CAD on July 19, 2016
Cancellation option will be the growth of the Canadian dollar strong drop in prices below the level 1.2850, which will point to a continuation of the fall in the region at a level below 1.26.
Forex Forecast USD CAD on July 19, 2016 requires the pair to 1.31 level within the working out of an inverted head and shoulders pattern on the indicator of relative strength.
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