The currency pair Canadian Dollar USD/CAD is trading at 1.3135. The pair managed to break through the upper limit of the Ichimoku Cloud, which indicates a potential extension of the pair of quotations growth in the framework of an upward trend.
Ichimoku Kinko Hyo forecast USD/CAD on February 22, 2017
Previously it received a weak signal in favor of the purchase and at the moment there is evidence in the form of sample border of the Ichimoku Cloud.
The target of the growth of quotations of the area at a level above 1.3225. Cancellation option USD/CAD quotes growth will drop and the breakdown of 1.3070 area, which indicates the potential change of the trend in favor of fall. Expect the pair accelerating the growth of quotations is a breakdown of the local maximum level.
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