The currency pair Canadian dollar against the US dollar USD CAD continues to fall in line with expectations and our USD/CAD forecast for tomorrow. At the moment, there is the potential for the pair falling quotations on down to below 1.2950 levels.
FOREX USD CAD Forecast — May 26, 2016
Where is expected to attempt to rebound and start moving upwards under the bovine start working out 1:1 model. Cancellation option will break through the growth of the lower boundary of the model, which will lead to the fall of Canadian quotations further down to below 1.2770. FOREX USD CAD Forecast — May 26, 2016 assumes a continuation of falling of quotations within the completion of the rising pattern of 1:1.
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