The currency pair Canadian dollar against the US dollar USD CAD continues to trade within a wedge pattern. In the near future we expect to try Canadian quotations falling within this mining model.
USD CAD forex forecast — May 25, 2016
The purpose of the fall is the area below the level of 1.2975. Cancellation option will be a strong growth of quotations USD CAD higher level of 1.3190. An additional signal in favor of fall the formation of reversal pattern failure swing on the indicator of relative strength. USD CAD forex forecast — May 25, 2016 assumes the fall of Canadian quotations in the region at the level of 1.2975 within the mining wedge model.
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