FOREX forecast and technical analysis USD CAD on November 11, 2016


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The currency pair Canadian dollar against the US dollar USD CAD continues to move in line with expectations and at the moment there is a potential for continued growth within the mining forex inverted head and shoulders pattern on the indicator of relative strength.

FOREX forecast and technical analysis USD CAD on November 11, 2016

FOREX forecast and technical analysis USD CAD on November 11, 2016

The aim of growth of the Canadian dollar quotations is the area above the level of 1.35 with potential test 1.37 levels. Once again, we try to buy the pair with the tight stop.

FOREX forecast and technical analysis USD CAD on November 11, 2016 suggests the beginning of growth within the mining reversal pattern on the display relative strength, strong Cancellation option will drop in prices and the breakdown of 1.3280 areas.

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