The currency pair Canadian Dollar USD/CAD is trading at 1.3116. The pair continues to test the upper boundary of the dense Ichimoku Cloud, which indicates the presence of an upward trend, but there was no signal in favor of buying the Canadian Dollar.
Ichimoku Kinko Hyo forecast USD/CAD on February 28, 2017
At the moment, we can expect another test of the Ichimoku Cloud and continued growth in the region above the level of 1.3200. Cancellation option of growth fall camp quotes USD/CAD below the level 1.3065, which will indicate the breakdown of cloud and continuing decline. Consider buying a pair of stands after receiving a strong signal in favor of purchases by suppressing the signal lines.
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