Currency pair USD CAD Canadian Dollar continues to trade on the Forex in line with expectations and our forecast USD CAD for tomorrow. At the moment there is a potential for a fall to Canadian quotations at a level below 1.2790, where we can expect the beginning of growth within the mining bullish wave pattern Wolfe.
FOREX USD/CAD forecast for today May 17, 2016
The aim of growth and mining models Wolfe wave is the area above the level of 1.30. Cancellation option can be a penetration level of 1.2750. Thus, FOREX USD/CAD forecast for today May 17, 2016 suggests an attempt of forming bullish wave Wolfe, for this it is important to see the fall of the USD/CAD quotes in the region at a level below 1.2790.