The currency pair Canadian dollar against the US dollar USD CAD continues to move in the downward trend, but in the near future should not expect a rebound attempt and development of ascending correction within a bull forex start mining model with the potential Shark spruce growth above the level of 1.33.
USD CAD Forecast Canadian Dollar on December 15, 2016
Cancellation option USD CAD growth of quotations may be falling and the breakdown field 1.30, which indicates an continuation of the downward trend for the pair. Among the important news from Canada that may have an impact on the Canadian dollar tomorrow, December 15, 2016, is to provide, change in the volume of industrial supplies, Financial System Review, The speech of the Bank of Canada.
USD CAD Forecast Canadian Dollar on December 15, 2016 assumes the test area below the level of 1.31 and an attempt to start growing within the mining bull shark forex model with the potential growth of spruce above the level of 1.33.