USD/CAD – 30M – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 1.35877 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.35545 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36887 |
| 2nd High | 1.36761 |
| Next High | 1.35877 |
| Current Price | 1.35682 |
| Next Low | 1.35545 |
| 2nd Low | 1.35418 |
| 3rd Low | 1.35252 |
1.35877 – 1.36761 – 1.36887 – 1.35719 – 1.36668 – 1.36671 —
1.35803 – 1.35640 —
41.424534693116 – 32.470803064929 —
– —
1.35877 – 1777624200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –