The currency pair Canadian dollar against the US dollar USD/CAD, as expected in the previous survey course Canadians, went to the correction.
FOREX USD/CAD Forecast May 30, 2016 — June 3, 2016
At the moment, there is potential for growth in the rebound from the rising channel’s lower border. There is formed bovine model of 1:1, which can lead to renewal of the maximum level. However, in case of break of 1.2980 we will form a reversal pattern head and shoulders that will indicate the Canadian quotations drop to below 1.25.
FOREX USD/CAD Forecast May 30, 2016 — June 3, 2016 USD/CAD quotes is located within the ascending channel, indicating it is to continue to grow as soon as the channel is broken, we can expect the fall.
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