USD/CAD – 1H – BUYAlso there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.36865644 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.37104 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37378 |
| 2nd High | 1.37142 |
| Next High | 1.37104 |
| Current Price | 1.36707 |
| Next Low | 1.35971 |
| 2nd Low | 1.35762 |
| 3rd Low | 1.35545 |
1.37104 – 1.36913 – 1.37142 – 1.35971 – 1.366 – 1.3643 —
1.36803 – 1.36682 —
50.25367645273 – 34.708474210289 —
– —
1.37104 – 1777478400
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –