USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline upwards
A bullish movement up to the next resistance level at 1.38418 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.37666 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 1.3787251 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.38418 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38675 |
| 2nd High | 1.38631 |
| Next High | 1.38418 |
| Current Price | 1.37692 |
| Next Low | 1.37666 |
| 2nd Low | 1.37583 |
| 3rd Low | 1.37409 |
1.38418 – 1.38631 – 1.38619 – 1.37666 – 1.38258 – 1.38302 — 26.061490374371 – 29.808815104065 — 21.709700555854 – 22.154471544715 – 45.432467440386 – 29.415147094625