USDCAD Canadian Dollar long term forecast - up to 1.423

The Canadian dollar will weaken again. USDCAD will rise to 1.423 in the long term.
Important price lines for USDCAD are 1.31 and 1.332. Under 1.315 is a good price to buy.

Many experts and investors talk about the weakness of US dollar. The value of the US dollar itself is constantly declining. However, the US dollar will continue to be strong  against other currencies. In particular, the US dollar will be strong against the Australian dollar and the Canadian dollar.

The USDCAD will not ask if the Canadian economy is good or bad. USDCAD will also not ask about the US economic situation. USDCAD is just USDCAD.

[USDCAD weekly chart]
USDCAD Canadian Dollar long term forecast - up to 1.423