Quotes of the currency pair USD/CAD continue to fall. If we look at the daily chart of USD/CAD, we’ll see the test of support area on the indicator of relative strength, which may indicate a potential attempt to increase from current levels. Cancellation option can be a continuation of the fall of Canadian quotations below 1.32. Here on the Canadian daily chart, bullish Wulf wave, currently quotes usd cad test suites areas, that does not negate the idea in favor of continuing growth.
Forex Forecast USD/CAD for week 03/07/2016 – 03/11/2016
Thus, Forex Forecast for USD/CAD 07.03.2016 – 11.03.2016 involves trying to start an upward movement after the rebound from the support area, but in many ways the Canadian growth will depend on the price of oil falls, and the signals in favor of oil falling exist today.
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