Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3825 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: 1.3855
- Resistance Level 2: 1.3840
- Resistance Level 1: 1.3825
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3790
- Support Level 2: 1.3775
- Support Level 3: 1.3760
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.3825 with first target at 1.3790 and second target at 1.3775 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3825 with first target at 1.3840 and second target at 1.3855 in extension as take profits