The currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the descending trendline up.
A bullish trend up to the next resistance level at 1.36723 is considered certain.
Caution: A possible change in the direction of the support level at 1.36443 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37525 |
| 2nd High | 1.3716 |
| Next High | 1.36723 |
| Current Price | 1.36577 |
| Next Low | 1.36443 |
| 2nd Low | 1.36151 |
| 3rd Low | 1.36031 |
1.36723 – 1.3716 – 1.36703 – 1.36443 – 1.36531 – 1.36151 —
1.36723 – 1.36595 —
56.038813522884 – 42.741181115779 —
1.36723 – 1772796600 —
– 1772796600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –