Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3550 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: 1.3590
- Resistance Level 2: 1.3570
- Resistance Level 1: 1.3550
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3515
- Support Level 2: 1.3490
- Support Level 3: 1.3470
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.3550 with first target at 1.3515 and second target at 1.3490 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3550 with first target at 1.3570 and second target at 1.3590 in extension as take profits