Buy USD/CAD – 1H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance level at 1.40235 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 1.3953 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.41006
2nd High 1.40495
Next High 1.40235
Current Price 1.39856
Next Low 1.3953
2nd Low 1.38989
3rd Low 1.38659

1.40235 – 1.395 – 1.3969 – 1.3953 – 1.38989 – 1.39187 —
1.39799 – 1.39888 —
55.364881712043 – 55.496723773544 —
– —
1.40235 – 1781197200

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