Buy USD/CAD – 1H – BUY

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Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.38675 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.38538 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Eine Korrektur des großen bulligen Trends stoppte um das Fibonacci 0.24-Level.Eine Fortsetzung des aktuell aufsteigenden Trends wird wahrscheinlich erwartet. Ziel des derzeitigen Trends ist 1.38675 am Fibonacci Level 0-Level. Vorsicht: Eine Umkehr des Trends in Richtung der Widerstandslinie bei 1.38538 ist auch möglich.
Stop-Loss Einstellungen entsprechend berücksichtigen.

The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance line at 1.38538 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 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 Trendlinie aufwärts

Der bullige Trend aufwärts zur nächsten Widerstandslinie bei 1.38538 gilt als sicher.

Vorsicht: Eine Trendumkehr in Richtung der Supportlinie bei könnte erfolgen.
Stop-Loss Einstellungen entsprechend berücksichtigen.

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 1.38538 is likely expected.

Caution: A possible trend reversal in the direction of the support line at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.38675 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.38538 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.38675
2nd High 1.38575
Next High 1.38538
Current Price 1.38584
Next Low
2nd Low
3rd Low

1.38538 – 1.38575 – 1.38675 – 1.38258 – 1.38302 – 1.37931 — 53.911644641496 – 60.447229974287 — 86.606189608967 – 94.224311618536 – 77.840770969059 – 86.955861016317

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