USD/CAD – 1H – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards

A bullish ascent up to the next resistance level at 1.42241 is certain.

Caution: A possible counter-trend in the direction of the support level at 1.41591 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.42242372 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.42241 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

1.41973 – 1.42241 – 1.42348 – 1.41591 – 1.41499 – 1.41778 —
1.41714 – 1.42044 —
40.288726548414 – 59.156502776735 —
– —
1.41973 – 1783047600

Trading Signals: FOREX – USD – USD/CAD – CAD – – Symmetrical Triangle Chart Pattern – – – – – – – –