The currency pair Canadian dollar against the US dollar USD CAD continues to move in the mining model bullish forex Wolfe waves with a potential target of growth above the level of 1.3320. In favor of a growth of quotations serves rebound from the support line on the indicator of relative strength.
USD CAD Forex forecast Canadian Dollar on February 20, 2017
Acceleration of growth of the Canadian dollar quotations is expected to top the breakdown wave pattern borders Wolfe.
We try to keep buying the pair with the tight stop loss and are ready to increase the amount of long positions in the development of an upward movement.
Among the important news from Canada that may have a strong influence on the Canadian dollar, we should mention, changes in wholesale trade.
USD CAD Forex forecast Canadian Dollar on February 20, 2017 assumes attempt quotations within easy start working off the rising forex wave pattern Wolfe with a potential upside target above 1.3220 area.
