The currency pair USD/CAD on Forex is testing the support area and keeps moving in the framework of the down trend. At the moment we have the Bull Wolfe Waves forming on the USD/CAD hour chart with the goal at the level higher than 1.3430. Falling of the pair’s quotations lower than level 1.3180 may cancel the ascending trend of USD/CAD. The failure swing model forming at the Relative Strength Index is an additional signal pointing at the level 1.3320 breaking.
Daily forex forecast/signal USD/CAD on March 15.
Thus, the analysis and FOREX forecast USD/CAD on the 15th of March 2016 shows us the attempt of the Bull Wolfe Waves forming with the goal at the level higher than 1.3430.
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