USD/CAD – 1H – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline up.
A bullish ascent up to the next resistance line at 1.36076 is likely expected.
Caution: A possible counter-trend in the direction of the support line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘RSI Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38445 |
| 2nd High | 1.37389 |
| Next High | 1.36076 |
| Current Price | 1.35301 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.36076 – 1.37389 – 1.38445 – 1.35354 – 1.35586 – 1.36713 —
1.35646 – 1.35281 —
33.412700504247 – 32.472689509428 —
– —
1.36076 – 1769634000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –