Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3705 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of USD/CAD: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 1.3805
- Resistance Level 2: 1.3790
- Resistance Level 1: 1.3760
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3705
- Support Level 2: 1.3675
- Support Level 3: 1.3655
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.3705 with first target at 1.3760 and second target at 1.3790 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.3705 with first target at 1.3675 and second target at 1.3655 in extension as take profits