Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3530 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: 1.3575
- Resistance Level 2: 1.3555
- Resistance Level 1: 1.3530
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3485
- Support Level 2: 1.3470
- Support Level 3: 1.3450
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.3530 with first target at 1.3485 and second target at 1.3470 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3530 with first target at 1.3555 and second target at 1.3575 in extension as take profits