Currency pair US Dollar Canadian Dollar USD/CAD is trading at 1.3252. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the pair US Dollar/Canadian Dollar. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1.3240, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 1.3350.
Canadian Dollar forecast USD/CAD on June 27, 2017
Earlier, a medium-strength signal was generated for the sale of the US Dollar/Canadian Dollar, due to the crossing of the signal lines at 1.3267. To consider selling costs with the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes below the level of 1.3210, in the case of breaking the upper boundary of the Cloud Ichimoku Kinko Hyo, we should expect the continuation of the bullish trend in USD/CAD.
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