Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the rising channel. It is worth waiting for an attempt to test the lower boundary and continue the growth of the pair with a potential target at a level above the 1.3750 area.
USD/CAD forecast Canadian Dollar on May 25, 2017
In favor of the growth of quotations USD/CAD will perform a test of a broken trend line on the indicator of relative strength index (RSI). Cancellation of the growth option for the US Dollar to Canadian Dollar USD/CAD is the breakdown of the region of 1.3380, indicating that the pair will continue to decline.
Among the important news from Canada, which can have a strong impact on the Canadian dollar, it is worth highlighting: BOC Deputy Governor Sylvain Leduc Speaks.
USD/CAD forecast Canadian Dollar on May 25, 2017 involves an attempt to test the bottom of the uplink, where we can expect the pair to continue growing, the breakdown of the region of 1.3380 will be a cancellation.
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