Currency pair US Dollar to Canadian Dollar USD/CAD is trading at 1.2513. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a иуфкшыр trend in the pair US Dollar/Canadian Dollar. The pair USD/CAD is expected to rise to the level of 1.2590, from which it is expected to try to fall and develop the bearish trend for the pair USD/CAD with the target of reducing near the level of 1.2480.
Canadian Dollar forecast USD/CAD on July 25, 2017
Previously, a strong signal was generated for the sale of the pair US Dollar/Canadian Dollar, due to the crossing of the signal lines at the level of 1.2806. The cancellation of the fall of the pair quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 1.2770, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/CAD quotations with a breakdown of the local minimum area at 1.2510.
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