The currency pair Canadian Dollar to US Dollar USD CAD finished the trading week higher at 1.35. At the moment, saved the potential for continued growth of the Canadian dollar quotations in the area above the level of 1.3850 within the mining punched bandwidth.
USD CAD Forecast on November 21, 2016 — November 25, 2016
In favor of the growth of quotations USD CAD acts as a dense test rising support line on the indicator of relative strength. Cancellation option of bullish trends will drop a pair of quotes in the area below the level of 1.33, which points to a continuation of the downward trend in the area below the level of 1.29.
USD CAD Forecast on November 21, 2016 — November 25, 2016 suggests an attempt to increase quotations USD CAD to 1.3850 in the rebound from a broken rising channel border, in the case of the sample and return inside the channel in prices is expected to continue the development of correction.