The currency pair Canadian dollar against the US dollar USD CAD continues to trade within the forex head and shoulders pattern.
USD/CAD Forecast FOREX — June 3, 2016
At the moment, preserved potential for a fall to below 1.25. Cancellation option depreciation usd cad June 3, 2016 will be the growth of the pair above the 1.32 level. That points to the continued growth of the Canadian dollar further up to above the level of 1.34. We continue to hold the position to sell with a close stop. USD/CAD Forecast FOREX — June 3, 2016 assumes fall in the pair USD/CAD quotes at the beginning of the mining model within the head and shoulders.
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