USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.38696 is expected.
Caution: A possible reversal of the trend in the direction of support at 1.38013 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39285 |
| 2nd High | 1.38775 |
| Next High | 1.38696 |
| Current Price | 1.38523 |
| Next Low | 1.38013 |
| 2nd Low | 1.377 |
| 3rd Low | 1.3767 |
1.3848 – 1.3849 – 1.38291 – 1.38013 – 1.377 – 1.37736 —
1.38464 – 1.38520 —
48.575421396321 – 61.306151485789 —
– —
1.3848 – 1780374600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –