Will the Canadian Dollar test $0.8400 by year-end? Maybe!
Major trend, intermediate trend and near-term trend are all down.
Reference my analysis from March 21, 2014 and the follow excerpt:
On the long-term chart (not shown) there are support levels at $0.8600 and $0.8400. Yes, there is a high probability we could see the Canadian dollar test the $0.8400 level before the end of the year.
“It is all about probabilities”
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