USD/CAD – 1H – SELL

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1.37145 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also 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.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 1.36588 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1.37145 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

1.37145 – 1.36925 – 1.36372 – 1.36676 – 1.36369 – 1.36319 —
1.36938 – 1.36917 —
51.402708880066 – 49.903768641007 —
– —
1.37145 – 1771516800

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