The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 1.35453 will continue.
Caution: A possible trend reversal in the direction of the support zone at 1.34812 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36076 |
| 2nd High | 1.35777 |
| Next High | 1.35453 |
| Current Price | 1.35448 |
| Next Low | 1.34812 |
| 2nd Low | |
| 3rd Low |
1.35453 – 1.35777 – 1.36076 – 1.34812 – 1.35091 – 1.35354 —
1.35189 – 1.35302 —
51.702074104998 – 51.496975902177 —
– —
1.35453 – 1769745600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –