Canadian Currency pair USD/CAD The dollar is trading at 1.3142 and currently is above the moving average with a period of 55, suggesting a rising trend. We should expect a slight test the moving average and the continuation of growth in the area above the level of 1.3225.
Bollinger Bands forecast USD/CAD on February 24, 2017
Conservative area to buy Canadian is on a level below the Bollinger Bands indicator strips border at 1.3085, where one can consider buying with a close stop loss. Cancellation option stock is USD/CAD will fall and the breakdown of 1.3035 area, which indicates the potential change in favor of a downward trend.
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