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Johanes

CAD PRICE STABILITY MANAGED BY BOC BY MID OF 2017

Long
Canadian Dollar / U.S. Dollar (FX_IDC:CADUSD)  
Johanes  
FX_IDC:CADUSD   Canadian Dollar / U.S. Dollar
Harmonic Patterns
5
0
harmonicpatterns
The Bank of Canada (BoC) manages the CAD price stability much narrower than its international obligation not exceeding 15 % by the monetarists' consensus. There are plenty of room for widening the current target zone interior the internationally agreed width of bands.

CAD is underway to strong against major in medium-term. I buy CAD for medium-term and will resume to buy CAD in weekly band by option and fx-margin trading.
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