USD/CAD – 1H – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.37142 is certain.
Caution: A possible trend reversal in the direction of support at 1.366 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Das Paar tendiert eventuell nach oben.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37879 |
| 2nd High | 1.37378 |
| Next High | 1.37142 |
| Current Price | 1.36921 |
| Next Low | 1.366 |
| 2nd Low | 1.3643 |
| 3rd Low | 1.36308 |
1.37142 – 1.37139 – 1.36791 – 1.366 – 1.3643 – 1.36308 —
1.37121 – 1.36905 —
70.14693725123 – 41.426414296438 —
– —
1.37142 – 1777010400
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –