USD CAD Forecast Canadian Dollar Forex on September 1, 2016


The currency pair Canadian dollar against the US dollar USD CAD failed to develop and fall to work bearish reversal pattern Wolfe waves, so at this moment we should expect growth of quotations attempt USD CAD to local maximum.

USD CAD Forecast Canadian Dollar Forex on September 1, 2016

USD CAD Forecast Canadian Dollar Forex on September 1, 2016

An additional signal for the continuation of the growth is the test of a broken line of resistance on the relative strength indicator, which indicates the potential growth already from current levels. Cancellation option drop in prices pair USD CAD below the level 1.3040, which will point to a continuation of the fall.

USD CAD Forecast Canadian Dollar Forex on September 1, 2016 involves the development of growth in the rebound from a broken line on the indicator of relative strength.


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