USD CAD Forecast FOREX – May 18, 2016


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Currency pair USD CAD Canadian Dollar Forex was unable to complete the formation of the forex bullish wave pattern Wolfe.

USD CAD Forecast FOREX – May 18, 2016

USD CAD Forecast FOREX – May 18, 2016

Currently the pair is trading within a triangle pattern, a break that up, provoke the growth of quotations USD CAD in the area above the level of 1.30. Cancellation option may be breaking through the model down; in this case it is necessary to switch to the bearish scenario. Thus, USD CAD Forecast FOREX – May 18, 2016 involves the attempt to increase the Canadian dollar quotations in the potential of breaking up and start mining model triangle.

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