Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the fall. At the moment, we should expect a test of the level of 1.2760 and continue falling to the area below the level of 1.2620. In favor of falling quotations of the Canadian Dollar will perform a test of the resistance line on the indicator of relative strength index (RSI).
USD/CAD forecast Canadian Dollar on December 26, 2017
The cancellation of the USD/CAD fall on the Forex market will be strong growth and breakdown of the area of 1.2830, which will indicate the continued growth in the area of the upper border of the channel. To expect the acceleration of the fall is with the breakdown of the support level and the closing below the area of 1.2600.
USD/CAD forecast Canadian Dollar on December 26, 2017 assumes a 1.2760 test of the test and continuation of the fall below 1.2610, an additional signal in favor of the fall will be a resistance line test on the relative strength indicator index (RSI), the cancellation of the Canadian Dollar fall will be a breakdown at the level of 1.2830.
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