The currency pair Euro to Canadian Dollar EUR/CAD is trading at 1.4146. The pair tears the region of the lower boundary of the ascending wave model of Wolf. The target of working out this model is the area at the level above 1.4360.
Technical analysis and forecast EUR/CAD on April 13, 2017
Cancellation of the variant of the growth of quotations of the Euro Canadian Dollar EUR/CAD will break through the area of 1.4080, which will indicate the continued decline in the pair’s quotes. Expect to accelerate the growth of the pair is with the breakdown of the downward trend line on the indicator of relative strength.
Technical analysis and forecast EUR/CAD on April 13, 2017 suggest an attempt to grow the pair to an area above 1.4360 as part of the start-up of the bull model of the Wolf wave, with a drop below 1.4080.
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