USD/CAD – 4H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.

A bullish trend upwards to the next resistance level at 1.37243 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 1.35039 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

1.37243 – 1.37022 – 1.39284 – 1.35039 – 1.36283 – 1.34812 —
1.36384 – 1.36504 —
60.347234389883 – 55.033998084924 —
– —
1.37243 – 1770336000

Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –