Buy USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at 1.39285 is considered certain.

Caution: A possible counter-trend in the direction of support at 1.39036 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Current target is 1.3912058 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 1.39285 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.39481
2nd High 1.39295
Next High 1.39285
Current Price 1.39160
Next Low 1.39036
2nd Low 1.3902
3rd Low 1.38689

1.39285 – 1.39295 – 1.39481 – 1.39036 – 1.3902 – 1.39322 —
1.39285 – 1.39210 —
52.694313379008 – 45.651921850994 —
1.39285 – 1775568600 —
– 1775568600

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