USD/CAD – 30M – BUY

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

A bullish trend up to the next resistance level at 1.41973 will continue.

Caution: A possible change in the direction of the support line at 1.41591 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive 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 will continue. Current target is 1.42147636 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 1.41973 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

1.41973 – 1.42187 – 1.42241 – 1.41591 – 1.41499 – 1.41915 —
1.41876 – 1.42015 —
59.949384456473 – 58.491059168042 —
– —
1.41973 – 1783047600

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