The currency pair Canadian dollar against the US dollar USD/CAD continues to trade within the model’s head and shoulders. At the current trading week is expected to continue falling to the level of a 1.25.
USD/CAD Forex forecast June 6, 2016— June 10, 2016
Increase the amount of sales is worth the price breaks the level line of the neck. Additional forex signal in favor of the fall is the formation of reversal pattern head and shoulders on the indicator of relative strength. Cancellation option drop in prices USD CAD will be a strong growth of the pair above the 1.32 level. In this case, we can expect the uptrend to continue with a view to a potential higher than 1.35.
USD/CAD Forex forecast June 6, 2016 — June 10, 2016 suggests an attempt to fall within the mining model head and shoulders with a view to below 1.25.
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