USD/CAD – 1H – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 1.36742 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.35039 could be enabled.
Consider stop-loss settings accordingly.
And also a ” indicator signal is existing. The indicator shows ”. this is usually a bullish chart signal. The currency pair could go up.
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And also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37525 |
| 2nd High | 1.3716 |
| Next High | 1.36742 |
| Current Price | 1.35571 |
| Next Low | 1.35039 |
| 2nd Low | 1.34929 |
| 3rd Low | 1.34812 |
1.36742 – 1.3716 – 1.37525 – 1.36151 – 1.36265 – 1.36529 —
1.36034 – 1.35607 —
40.017637590844 – 29.255663115353 —
– —
1.36742 – 1772812800
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –