The currency pair Canadian dollar against the US dollar USD CAD continued to fall, and contrary to expectations, could not develop mining bullish reversal pattern Forex. To date, the quotation USD CAD testing a support area, where we can expect the level of the test attempt 1.2920.
USD CAD Forecast Canadian Dollar on September 8, 2016
An additional signal in favor of the growth of the pair testing the support line on the indicator of relative strength. Cancellation option USD CAD quotes growth will drop the pair below 1.2740; it will point to a continuation of the downward movement of the pair. After the field test 1.2920 should try new sale of the Canadian dollar and expect continuation of falling.
USD CAD Forecast Canadian Dollar on September 8, 2016 suggests an attempt of correction to 1.2920 in the rebound from the support line on the indicator of relative strength.
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