USD CAD Forecast FOREX on October 13, 2016


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The currency pair Canadian dollar against the US dollar USD CAD is still trading within the uptrend and is currently retained the capacity to rebound from the support line on the indicator of relative strength. The purpose of growth is the area used at a level above 1.33. Cancellation option will drop in prices, the Canadian dollar pair below 1.3140, which indicates the potential change of the trend and continuing decline.

USD CAD Forecast FOREX on October 13, 2016

USD CAD Forecast FOREX on October 13, 2016

We try to buy the pair with the tight stop and are ready to increase the volume of purchases by the development of an upward movement.

USD CAD Forecast FOREX on October 13, 2016 suggests an attempt to increase in the rebound from the support line on the indicator of relative strength.


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