USD/CAD – 30M – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 1.38057 will continue.
Caution: A possible change in the direction of the support line at 1.37826 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Das Währungspaar US Dollar/Canadian Dollar (USD/CAD) bricht durch die absteigende Trendlinie aufwärts
Eine bullige Bewegung aufwärts zur nächsten Widerstandslinie bei 1.38057 wird weiterlaufen.
Vorsicht: Eine Umkehr des Trends in Richtung der Unterstützungslinie bei 1.37826 ist im Bereich des Möglichen.
Stop-Loss Einstellungen entsprechend berücksichtigen.
The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 1.38057 will continue.
Caution: A possible counter-trend in the direction of support at 1.37826 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38675 |
| 2nd High | 1.38575 |
| Next High | 1.38057 |
| Current Price | 1.38083 |
| Next Low | 1.37826 |
| 2nd Low | 1.37409 |
| 3rd Low | 1.36012 |
1.38057 – 1.37877 – 1.38575 – 1.37826 – 1.37877 – 1.37409 — 51.780374963373 – 54.539836292965 — 75.913704428565 – 75.913704428565 – 75.017174635397 – 73.663343631112
Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Double bottom chart pattern – –