The currency pair Canadian dollar against the US dollar USD/CAD continues to trade in line with expectations and our USD/CAD forecast for tomorrow.
USD CAD Forecast Canadian Dollar — June 28, 2016
At the moment, the pair quotes are testing resistance area, and in the case of the growth above the level of 1.3060, the expected acceleration of the upward trend on the pair USD/CAD. Potential purpose of the Canadian dollar may be a region of growth at a level above 1.35. Cancellation option will drop in prices USD/CAD below the level 1.2650, which will provoke a refinement of the model triangle down the potential target below the level of 1.24.
USD CAD Forecast Canadian Dollar — June 28, 2016 to try presupposes USD/CAD quotes growth within the mining triangle model with the purpose of the area above 1.34.
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