The currency pair Canadian Dollar USD/CAD is trading at 1.3237. Currently, the Canadian dollar traded quotes below the level of the Ichimoku Cloud, which suggests the presence of a downward trend. A potential target of the fall USD/CAD quotes at the area below 1.3050.
Analysis Ichimoku Kinko Hyo USD CAD on January 9, 2017 — January 13, 2017
Cancellation option will be the fall of the strong growth in the Canadian current trading week above the level of 1.34, which indicates that the breakdown of the upper limit of the Ichimoku Cloud and continued growth in the region above the local maximum level.
Consider selling is not worth it, because there was no confirmation of the signal lines on the indicator Ichimoku Kinko Hyo.
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