FOREX USD CAD forecast — May 23, 2016


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Currency pair USD CAD Canadian Dollar Forex continued growth within the mining model triangle. At the moment there is a potential for continued growth.

FOREX USD CAD forecast — May 23, 2016

FOREX USD CAD forecast — May 23, 2016

However, we are knocked out of the market with our purchase yesterday. It is necessary to wait for the correction and only then it is worth to try new buying the pair USD CAD. The overall objective of growth is the area above the level of 1.34. Cancellation option will drop in the Canadian dollar quotations below 1.30. FOREX USD CAD forecast — May 23, 2016 suggests an attempt to continue its growth in mining within the inverted head and shoulders pattern.


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