Buy USD/CAD – 1H – BUY

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

A bullish trend up to the next resistance at 1.36355 is likely expected.

Caution: A possible change in the direction of the support zone at 1.35551 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 1.37243
2nd High 1.36734
Next High 1.36355
Current Price 1.36326
Next Low 1.35551
2nd Low 1.35039
3rd Low 1.34929

1.36355 – 1.36186 – 1.35761 – 1.35551 – 1.35039 – 1.35229 —
1.36314 – 1.36359 —
67.528460956667 – 47.671066260952 —
– —
1.36355 – 1770919200

Trading Signals:

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