USD/CAD – 1H – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 1.37063 will persist.
Caution: A possible change in the direction of the support line at could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37389 |
| 2nd High | 1.37246 |
| Next High | 1.37063 |
| Current Price | 1.36989 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37063 – 1.37246 – 1.37172 – 1.36587 – 1.36739 – 1.36482 —
1.36786 – 1.37122 —
49.107346244655 – 53.356674396438 —
– —
1.37063 – 1772024400
Trading Signals: FOREX – USD – USD/CAD – CAD – – Double top chart pattern – – – – – – – –