The currency pair US Dollar to Canadian dollar USD/CAD have broken through the resistance area and at the moment it is worth waiting for an attempt to continue the pair’s growth into the area above the level of 1.3550. It is worth waiting for an attempt to test the punched area of support and continue growth.
USD/CAD Forecast Canadian Dollar on April 5, 2017
In favor of the rebound of quotations of the pair USD/CAD is the breakdown of the trend line on the indicator of relative strength. The abolition of the continuation of growth will be the fall and breakdown of the area of 1.3380.
Important news from Canada, which may have an impact on the USD/CAD rate, is not expected, so the pair will continue to move within the technical analysis of USD/CAD.
USD/CAD Forecast Canadian Dollar on April 5, 2017 suggests an attempt to continue the growth of the pair after the test of the punched support area, the goal of growth is an area above the level of 1.3550.
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