USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 1.36063 is expected.
Caution: A possible change in the direction of support at 1.35551 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3716 |
| 2nd High | 1.36742 |
| Next High | 1.36063 |
| Current Price | 1.35685 |
| Next Low | 1.35551 |
| 2nd Low | 1.35502 |
| 3rd Low | 1.35039 |
1.36063 – 1.36742 – 1.36723 – 1.36443 – 1.36531 – 1.36151 —
1.35685 – 1.35595 —
30.633710707119 – 32.382987794069 —
– —
1.36063 – 1773018000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –