The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 1.39450 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.38456 could happen.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.39450 |
| Current Price | 1.39263 |
| Next Low | 1.38456 |
| 2nd Low | 1.38209 |
| 3rd Low | 1.37724 |
1.39450 – 1.39027 – 1.38656 – 1.38456 – 1.38209 – 1.37724 —
1.39450 – 1.39258 —
79.232339265994 – 56.114727675945 —
1.39450 – 1774890000 —
– 1774890000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –