USD CAD Forecast Canadian Dollar on November 17, 2016


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The currency pair Canadian dollar against the US dollar USD CAD continues to move in line with expectations, quotes pair could test the dense area of support at the level of 1.3450 and at the moment there is a potential for continued growth in the Canadian dollar in the area above the level of 1.3550.

USD CAD Forecast Canadian Dollar on November 17, 2016

USD CAD Forecast Canadian Dollar on November 17, 2016

But do not rule out an attempt to continue to decline and test the support line on the display relative strength again, you can try to buy Canadian. Cancellation option price growth USD/CAD Forex pair will fall below the level of 1.33, which points to the continued decline in the area below the level of 1.3150.

USD CAD Forecast Canadian Dollar on November 17, 2016 suggests an attempt to increase in the rebound from the support area for the purpose above 1.3550 level, we try to buy the pair with the tight stop.

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