USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 1.41246 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.40911 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41396 |
| 2nd High | 1.41258 |
| Next High | 1.41246 |
| Current Price | 1.40950 |
| Next Low | 1.40911 |
| 2nd Low | 1.40889 |
| 3rd Low | 1.40812 |
1.41246 – 1.41185 – 1.41043 – 1.41026 – 1.40911 – 1.40889 —
1.41155 – 1.41029 —
49.533963252602 – 36.270542998772 —
– —
1.41246 – 1764079200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –