Canadian Dollar Forecast USD CAD on November 1, 2016


The currency pair Canadian dollar against the US dollar USD CAD continues to trade outside the uplink and currently there are risks to see the continued growth of quotations on a pair of width of the channel. Cancellation option could be a drop in prices pair below the level of the Canadian dollar 1.33, which could provoke a continuation of the fall to the bottom of the channel.

Canadian Dollar Forecast USD CAD on November 1, 2016

Canadian Dollar Forecast USD CAD on November 1, 2016

We continue to try to buy the pair, and the whole incident under the oil forward attempt USD CAD quotes growth.

Canadian Dollar Forecast USD CAD on November 1, 2016 involves the development of an upward trend within the mining punched bandwidth, but do not rule out an attempt to drop a broken border of the channel, and only after that the continued growth of quotations of the pair.


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