Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the growth framework. At the moment, we should expect an attempt to test the support level near 1.2830 and continue the growth in the area above the level of 1.2995. In favor of the growth of quotations of the Canadian Dollar will perform a test of the support line on the indicator of relative strength index (RSI).
USD/CAD prediction & technical analysis on December 1, 2017
The cancellation of the USD/CAD growth option on Forex will be the fall and breakdown of the area of 1.2720, which will indicate a decline in the pair’s growth. To expect the acceleration of growth is with the breakdown of the level of 1.2920.
USD/CAD prediction & technical analysis on December 1, 2017 assumes a test of the support level near 1.2830 and the continuation of growth in the area above the level of 1.2995, an additional signal in favor of growth will be a test of the support line on the indicator of relative strength index (RSI), the cancellation of the growth of the Canadian Dollar will be the fall and breakdown at the level of 1.2720.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
