Forex Forecast USD CAD on July 21, 2016


The currency pair Canadian dollar against the US dollar USD CAD models completely fulfilled his head and shoulders on the indicator of relative strength. At the moment, there is the potential to start the correction in the rebound from the resistance line on the indicator of relative strength.

Forex Forecast USD CAD on July 21, 2016

Forex Forecast USD CAD on July 21, 2016

Cancellation option quotations falling USD CAD will break through the trend line on the indicator RSI, which will point to the potential growth further up in the area above the level of 1.31.

Forex Forecast USD CAD on July 21, 2016 suggests an attempt to fall in the rebound from the resistance line on the indicator of relative strength, but we do not expect a serious fall and the USD CAD after a slight correction is expected to continue growing.


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