USD/CAD – 1H – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 1.38575 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 1.37409 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Die Kombination US Dollar/Canadian Dollar (USD/CAD) bricht durch die absteigende Trendline nach oben.
Der bullige Trend aufwärts zur nächsten Widerstandslinie bei 1.38575 ist sicher.
Vorsicht: Eine Umkehr des Trends in Richtung des Supports bei 1.37409 könnte ermöglicht werden.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.
The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
An ascent up to the next resistance at 1.38575 is expected.
Caution: A possible change in the direction of the support level at 1.37409 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39242 |
| 2nd High | 1.38675 |
| Next High | 1.38575 |
| Current Price | 1.38083 |
| Next Low | 1.37409 |
| 2nd Low | 1.35665 |
| 3rd Low | 1.35561 |
1.38575 – 1.38675 – 1.38637 – 1.37409 – 1.38219 – 1.38164 — 70.036008946352 – 76.41361392942 — 86.679715356487 – 92.528866433004 – 82.499076982212 – 85.293924267023
Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Double top chart pattern – –