The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline upwards
The bullish trend upwards to the next resistance level at 1.36063 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 1.35039 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
In addition a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Bullish Divergence’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3716 |
| 2nd High | 1.36742 |
| Next High | 1.36063 |
| Current Price | 1.35606 |
| Next Low | 1.35039 |
| 2nd Low | 1.34929 |
| 3rd Low | 1.34812 |
1.36063 – 1.36742 – 1.36723 – 1.35451 – 1.36443 – 1.36531 —
1.35633 – 1.35425 —
33.316866750657 – 32.390425323225 —
– —
1.36063 – 1773018000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –