The currency pair Canadian dollar against the US dollar USD CAD continues to decline and currently quotes struck the lower boundary of wedge pattern, which indicates that an attempt to reduce and testing of the model. However, here at the time of the update area is the formation of a local minimum bullish wave pattern Wolfe. Therefore test 1.2990 areas, is expected to once again attempt to increase quotations pound dollar to above 1.32 levels.
USD CAD Forecast Canadian Dollar on October 18, 2016
Cancellation option will drop in prices pair below 1.2960, it will point to the continued decline in the area below the level of 1.2850.
USD CAD Forecast Canadian Dollar on October 18, 2016 suggests an attempt to update the minimum area and began growth of quotations within the mining bullish wave pattern Wolfe for the purpose at the level of 1.32.
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