While this pair has already produced a very significant drop from the 2.000 price level ever-since (where it was predicted to fall); we should still not rule out the possibility that there is still some more room left to fall (perhaps)...
Keep a watch out on the price of crude oil; there is a possibility of oil going even higher (that would further strengthen the CAD then)...
Also keep a look out on the strength of the British Pound; (which could be due for some strengthening, or more weakness)...
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