Buy USD/CAD – 1H – BUY

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

An ascending movement upwards to the next resistance at 1.37142 is expected.

Caution: A possible trend reversal in the direction of the support line at 1.366 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 1.37879
2nd High 1.37378
Next High 1.37142
Current Price 1.36638
Next Low 1.366
2nd Low 1.3643
3rd Low 1.36308

1.37142 – 1.37139 – 1.36791 – 1.366 – 1.3643 – 1.36308 —
1.36668 – 1.36680 —
35.136795890218 – 38.216604049532 —
– —
1.37142 – 1777010400

Trading Signals:

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