USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 1.36359 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 1.36031 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36734 |
| 2nd High | 1.36372 |
| Next High | 1.36359 |
| Current Price | 1.36287 |
| Next Low | 1.36031 |
| 2nd Low | 1.35931 |
| 3rd Low | 1.35551 |
1.36359 – 1.36372 – 1.36355 – 1.36031 – 1.35931 – 1.35971 —
1.36199 – 1.36307 —
50.756810407127 – 59.41195163054 —
– —
1.36359 – 1770994800
Trading Signals: FOREX – USD – USD/CAD – CAD – – Double top chart pattern – – – – – – – –