USDCAD Canadian Dollar rate long term forecast, BUY(Long) - Forex Trading Today
The Canadian dollar is soaring. There seems to be no reason to be strong. If USDCAD falls further, it is likely to be a good buying opportunity. The Canadian dollar will continue to decline against the US dollar in the long term.
USDCAD Forecast and Trading (US Dollar to Canadian Dollar rate):
Long Term BUY(Long)
Eentry Price below 1.318
1st Target Price 1.44 (+0.122pt, +9.26%)
2nd Target Price 1.577 (+0.259pt, +19.65%)
Stoploss Price 1.303 (-0.015pt, -1.14%)
[USDCAD monthly chart]
USDCAD Forecast and Trading (US Dollar to Canadian Dollar rate):
Long Term BUY(Long)
Eentry Price below 1.318
1st Target Price 1.44 (+0.122pt, +9.26%)
2nd Target Price 1.577 (+0.259pt, +19.65%)
Stoploss Price 1.303 (-0.015pt, -1.14%)
[USDCAD monthly chart]