The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 1.42187 will continue.
Caution: A possible change in the direction of the support zone at 1.41591 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.42348 |
| 2nd High | 1.42241 |
| Next High | 1.42187 |
| Current Price | 1.41991 |
| Next Low | 1.41591 |
| 2nd Low | 1.41499 |
| 3rd Low | 1.41449 |
1.41973 – 1.42187 – 1.42241 – 1.41591 – 1.41499 – 1.41915 —
1.41995 – 1.42012 —
62.920131082263 – 57.866292869104 —
– —
1.41973 – 1783047600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –