Forex USD CAD forecast for the week 16 — 20 May, 2016


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The currency pair Canadian dollar against the US dollar USD CAD completes the current trading week correction. At the moment, there is a high potential for the beginning of USD/CAD quotes growth within the mining model of an inverted head and shoulders above the level for the purpose of 1.31.

Forex USD CAD forecast for the week 16 — 20 May, 2016

Forex USD CAD forecast for the week 16 — 20 May, 2016

Cancellation option increase in the Canadian dollar quotations will be a continuation of the fall to below 1.25. Also, do not forget the goal of bovine model Wolfe waves with smaller time intervals. Thus, Forex USD CAD forecast for the week 16 — 20 May, 2016 suggests an attempt usd cad growth within the mining model of an inverted head and shoulders above the level for the purpose of 1.31.

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