The pair Canadian Dollar to US Dollar USD/CAD continues to move within the limits of the decline. At this point, we should expect an attempt to continue falling the pair in the area below the level of 1.24. In favor of the decline is the test of the trend line on the indicator of relative strength index (RSI).
USD/CAD technical analysis & forecast on July 27, 2017
The cancellation of the variant of falling quotations of the Canadian dollar will be strong growth and breakdown at the level of 1.26, which will indicate the continued growth.
Important news from Canada is not expected, so the pair will continue to move in the technical analysis of USD/CAD.
USD/CAD technical analysis & forecast on July 27, 2017 suggests an attempt to continue the decline in the area of 1.24, a strong signal is a resistance line test on the indicator of relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
