The currency pair Canadian dollar against the US dollar USD CAD is trading in line with expectations and our forecast USD CAD. At the moment, the pair quotes have reached the rising channel’s lower border, where we can expect the beginning of growth above the level of 1.32.
USD/CAD Forecast May 27, 2016
Cancellation option price growth usd/cad will break through the bottom of the channel and a drop in prices below the level of 1.2940. An additional signal in favor of the growth of the test area of the support acts on the indicator of relative strength. USD/CAD Forecast May 27, 2016 suggests an attempt to Canadian growth rate in the rebound from the rising channel’s lower border.
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