Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3580 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of USD/CAD: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 1.3620
- Resistance Level 2: 1.3600
- Resistance Level 1: 1.3580
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3550
- Support Level 2: 1.3530
- Support Level 3: 1.3510
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.3580 with first target at 1.3550 and second target at 1.3530 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3580 with first target at 1.3600 and second target at 1.3620 in extension as take profits