USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance level at 1.40579 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 1.40101 should be noted.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘RSI Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘RSI Hidden Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator shows ‘MACD-Hist Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 1.41598
2nd High 1.4077
Next High 1.40579
Current Price 1.40318
Next Low 1.40101
2nd Low 1.39951
3rd Low 1.39798

1.40579 – 1.40534 – 1.4077 – 1.40292 – 1.40101 – 1.40244 —
1.40408 – 1.40333 —
46.056905205232 – 37.336455121516 —
– —
1.40579 – 1784232000

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