ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor USD/CAD Long-Term Trend: Bullish
Key Resistance Levels: 1.39805, 1.40154, 1.40638
Key Support Levels: 1.39270, 1.39009, 1.37294
Daily Chart:
The price on the higher time frame has recently been in an uptrend. It tested a support level of 1.37294 and bounced back. The pair has broken a few resistance levels which suggests further trend continuation.
USD/CAD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a trendline recently to shift the short-term trend to bullish. As of now the pair has broken and retested a minor level of 1.39270 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 1.39468
TP @ 1.39743
Stop Loss @ 1.39192
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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