The currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 1.37104 will continue.
Caution: A possible counter-trend in the direction of the support level at 1.36671 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37378 |
| 2nd High | 1.37142 |
| Next High | 1.37104 |
| Current Price | 1.36754 |
| Next Low | 1.36671 |
| 2nd Low | 1.36298 |
| 3rd Low | 1.36125 |
1.37104 – 1.36913 – 1.36357 – 1.36671 – 1.36693 – 1.36298 —
1.36865 – 1.36811 —
49.808813437968 – 41.107404203971 —
– —
1.37104 – 1777480200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –