USD/CAD – 30M – BUY

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

A bullish movement upwards to the next resistance at 1.37196 will persist.

Caution: A possible counter-trend in the direction of the support level at 1.36752 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

1.37196 – 1.37126 – 1.36962 – 1.36752 – 1.36713 – 1.37833 —
1.37100 – 1.37200 —
56.112285537935 – 51.694915533677 —
– —
1.37196 – 1769463000

Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –