Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3905 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: 1.4000
- Resistance Level 2: 1.3980
- Resistance Level 1: 1.3955
Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3905
- Support Level 2: 1.3875
- Support Level 3: 1.3855
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.3905 with first target at 1.3955 and second target at 1.3980 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.3905 with first target at 1.3875 and second target at 1.3855 in extension as take profits