USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 1.42093 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.41688 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.42734 |
| 2nd High | 1.42478 |
| Next High | 1.42093 |
| Current Price | 1.41922 |
| Next Low | 1.41688 |
| 2nd Low | 1.41686 |
| 3rd Low | 1.41505 |
1.42093 – 1.42478 – 1.4243 – 1.41688 – 1.41889 – 1.41772 —
1.41792 – 1.41925 —
41.003089168996 – 52.519651060629 —
– —
1.42093 – 1782450000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –