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 broken triangle of the «Triangle» model at 1.2800 and continue the growth to the area above the level of 1.2990.
USD/CAD prediction & technical analysis on November 30, 2017
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). 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. Expect to accelerate growth is with the breakdown of the level of 1.2840.
USD/CAD prediction & technical analysis on November 30, 2017 assumes a test of the level of 1.2800 and continuation of growth to 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 Canadian Dollar growth option will be a fall and breakdown the level of 1.2720.
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