The combination US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.36432 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.36198 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36887 |
| 2nd High | 1.36761 |
| Next High | 1.36432 |
| Current Price | 1.36384 |
| Next Low | 1.36198 |
| 2nd Low | 1.35777 |
| 3rd Low | 1.3575 |
1.36432 – 1.36415 – 1.3641 – 1.36198 – 1.35777 – 1.36063 —
1.36288 – 1.36447 —
45.626958697985 – 54.651094100083 —
– —
1.36432 – 1778146200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –